Suburb Profile Report for Yankalilla SA (5203)

Yankalilla House: Median price $325,000, Annual capital growth 2.50%, Number of sales 20, Weekly median advertised rent $298

  • 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.

  • Expert Report
  • House Report

Yankalilla has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 5.86% to date .

A 18.83% growth in median value for property investors in Yankalilla,5203 puts this suburb at number 165th in terms of best performing suburbs in SA

Property investors looking for a bargain in Yankalilla should be aiming for at least -8.33% off the asking price, which is the average vendor discount being achieved at the moment.

Information supplied by:


July 2017

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Farming suburb should keep an eye on the housing market
Median house price: $320,000
Three-year growth: 36.17%
Rental yield: 4.47%

The agricultural hub that is Yankalilla has been chugging along steadily over recent years, although the April 2017 quarter findings from CoreLogic could be suggesting the start of a different trend. 

House values slipped by 3% to $320,000 in this period, following the recording of 11% over the previous year. Nonetheless, investor returns remain strong at almost 4.5%, and the average discount rate is still favourable at 3.8%.

Yankalilla’s location could also be key to a resurgence, as it is near the water. It is right in the Bungala River valley and is surrounded by the Mount Lofty Ranges, which cultivates excellent conditions for farming. The burgeoning forestry and tourism industries also offer good employment opportunities. 

Yankalilla places significant emphasis on community involvement, with many facilities and events established to facilitate camaraderie.


 
Metrics i HOUSE UNIT
$325,000 N/A
1.56% N/A
5.86% N/A
2.50% N/A
$298 N/A
20 N/A
4.76% N/A
150.416666666667 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 : Balanced (H), Balanced (U)
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Demographics
Total population 1018
Median household income ($/weekly) 781
Median age of persons 51
Median housing loan repayment ($/monthly) 1430
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 100 9.8
    35-44 years 109 10.7
    45-54 years 170 16.7
    55-64 years 178 17.5
    65-74 years 130 12.8
    Others 331 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 374 49.8
    Not Married 285 37.9
    Defacto Relationship 92 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 785 79.9
    Greece 11 1.1
    Papua New Guinea 12 1.2
    United Kingdom 130 13.2
    Other 12 1.2
    Others 33 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 531 59.7
    No Religion 342 38.5
    Buddhism 7 0.8
    Other Religious Groups 6 0.7
    Judaism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 43 11.5
    $400-$599 64 17.2
    $600-$799 51 13.7
    $800-$999 40 10.7
    $1,000-$1,249 41 11.0
    Others 134 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 383 45.4
    Employed, worked full-time 213 25.2
    Employed, worked part-time 187 22.2
    Employed, away from work 33 3.9
    Unemployed, looking for work 28 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 18.4
    Professionals 57 13.3
    Technicians & trades workers 75 17.5
    Clerical & administrative workers 56 13.1
    Labourers 71 16.6
    Others 91 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 11 6.4
    Infants/Primary 71 41.5
    Secondary 58 33.9
    Technical or Further Educational Institution 15 8.8
    University or other Tertiary Institutions 10 5.8
    Others 6 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 878 96.6
    Flat, unit or apartment 18 2.0
    Semi-detached, row or terrace house, townhouse 13 1.4
    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 158 38.9
    Fully owned 150 36.9
    Rented 94 23.2
    Other tenure type 4 1.0
    Tenure Type
Census 2011, ABS
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