Suburb Profile Report for Seaford Meadows SA (5169)

Seaford Meadows House: Median price $380,000, Annual capital growth 0.27%, Number of sales 92, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Property investors who have had real estate in Seaford Meadows, 5169 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.06%

Seaford Meadows,5169 was ranked 3348 in Australia by increase in median property value over the quarter.

Property buyers and investors in Seaford Meadows 5169 should be seeing an average reduction in asking price of around -13.03% . This means that Seaford Meadows is holding prices well when compared to other suburbs in SA.

Situated 29.44km from the CBD, Seaford Meadows is one of Onkaparinga (C) localities in the postcode 5169.

Information supplied by:


May 2018

M
O

W
E

House supply gets a big boost

Postcode: 5169

Median house price: $390,000

Stock on market: 35.6%

12-month growth: 1.0%

Situated within Onkaparinga City, Seaford Meadows saw the number of houses on the market increase by 35.6% over a 12-month period.

Growth is slowing down in this suburb, as prices increased by only 1% after rising by 11.4% in 2015. Nonetheless, houses are affordable at just $390,000, and the average rental yield is fairly strong at 4.8%.

Seaford Meadows is home to a shopping centre, which contains a Woolworths. It is approximately an hour from Adelaide by train from the local railway station, and bounded by suburbs like Port Noarlunga. Thus, Seaford Meadows residents are close to the beach, tourist destinations like Onkaparinga River Recreation Park and Port Noarlunga Aquatic Centre and a number of heritage sites.

Metrics i HOUSE UNIT
$380,000 N/A
-1.30% N/A
-3.06% N/A
0.27% N/A
$370 N/A
92 N/A
5.06% N/A
98.5294117647059 N/A

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Seaford Meadows SA
Demographics
Total population 1650
Median household income ($/weekly) 1331
Median age of persons 27
Median housing loan repayment ($/monthly) 1846
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 169 10.2
    5-14 years 289 17.5
    20-24 years 148 9.0
    25-34 years 370 22.4
    35-44 years 252 15.3
    Others 423 25.6
    Age Group
    Census Count Percent(%)
    Registered Married 496 46.8
    Not Married 347 32.7
    Defacto Relationship 217 20.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1134 75.1
    Papua New Guinea 22 1.5
    South Africa 19 1.3
    United Kingdom 243 16.1
    Other 30 2.0
    Others 62 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 710 50.1
    No Religion 677 47.8
    Hinduism 11 0.8
    Buddhism 10 0.7
    Islam 9 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 53 10.5
    $600-$799 52 10.3
    $1,000-$1,249 52 10.3
    $1,500-$1,999 102 20.2
    $2,000-$2,499 70 13.9
    Others 176 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 504 45.9
    Not in the labour force 295 26.8
    Employed, worked part-time 216 19.7
    Unemployed, looking for work 50 4.5
    Employed, away from work 34 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 133 17.6
    Technicians & trades workers 153 20.3
    Community & personal service workers 78 10.3
    Clerical & administrative workers 136 18.0
    Sales 82 10.9
    Others 172 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 28 6.7
    Infants/Primary 203 48.2
    Secondary 95 22.6
    Technical or Further Educational Institution 33 7.8
    University or other Tertiary Institutions 49 11.6
    Others 13 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1444 96.2
    Semi-detached, row or terrace house, townhouse 46 3.1
    Flat, unit or apartment 11 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 309 56.6
    Rented 184 33.7
    Fully owned 47 8.6
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
Chart Table