Suburb Profile Report for Mclaren Flat SA (5171)

Mclaren Flat House: Median price $545,000, Annual capital growth 3.55%, Number of sales 15, Weekly median advertised rent $400

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Mclaren Flat have tracked close to the SA average of 2.10% over the last 12 months.

Taking the average capital gain, or increase in median house value, Mclaren Flat,5171 has racked up an average of 0.14% over the period. This ranks it number 1883th in the whole country for real estate investors looking at median house price increases.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.82%, without taking into account capital value appreciation, which has been averaging out at 3.55%.

Metrics i HOUSE UNIT
$545,000 N/A
-2.07% N/A
0.14% N/A
3.55% N/A
$400 N/A
15 N/A
3.82% N/A
78.3 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1310
Median household income ($/weekly) 1518
Median age of persons 34
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 228 17.4
    25-34 years 188 14.4
    35-44 years 270 20.6
    45-54 years 153 11.7
    55-64 years 138 10.5
    Others 332 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 567 63.8
    Not Married 232 26.1
    Defacto Relationship 90 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1053 82.2
    Greece 7 0.5
    Japan 8 0.6
    Papua New Guinea 12 0.9
    United Kingdom 179 14.0
    Others 22 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 727 60.3
    No Religion 467 38.7
    Buddhism 6 0.5
    Other Religious Groups 6 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 35 8.8
    $800-$999 36 9.1
    $1,250-$1,499 39 9.8
    $1,500-$1,999 72 18.1
    $2,000-$2,499 67 16.9
    Others 148 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 419 44.8
    Employed, worked part-time 242 25.9
    Not in the labour force 206 22.0
    Employed, away from work 36 3.9
    Unemployed, looking for work 32 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 17.2
    Professionals 87 12.5
    Technicians & trades workers 107 15.3
    Clerical & administrative workers 121 17.3
    Labourers 80 11.5
    Others 183 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 29 8.4
    Infants/Primary 168 48.6
    Secondary 83 24.0
    Technical or Further Educational Institution 23 6.6
    University or other Tertiary Institutions 31 9.0
    Others 12 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1244 99.6
    Flat, unit or apartment 5 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 256 58.7
    Fully owned 115 26.4
    Rented 62 14.2
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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