Suburb Profile Report for Encounter Bay SA (5211)

Encounter Bay House: Median price $355,000, Annual capital growth 0.64%, Number of sales 188, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Encounter Bay has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -5.33% to date .

A 2.90% growth in median value for property investors in Encounter Bay,5211 puts this suburb at number 237th in terms of best performing suburbs in SA

Vendor discounting in Encounter Bay is giving property investors an average Vendor Discount of around -4.95%. This puts suburb at number 268th in SA when ranking the most discounted suburbs.

At number 2883 in a list of fastest selling suburbs, Encounter Bay is in the bottom 30% of suburbs in Australia with an average of days on market 99.14 for properties listed there.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 0.64%.

Metrics i HOUSE UNIT
$355,000 N/A
0.28% N/A
-5.33% N/A
0.64% N/A
$320 N/A
188 N/A
4.69% N/A
99.14 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4332
Median household income ($/weekly) 711
Median age of persons 62
Median housing loan repayment ($/monthly) 1240
Average household size 2
  • Census Count Percent(%)
    5-14 years 321 7.4
    45-54 years 375 8.7
    55-64 years 793 18.3
    65-74 years 1026 23.7
    75-84 years 646 14.9
    Others 1171 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 2069 62.7
    Not Married 994 30.1
    Defacto Relationship 235 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3037 74.0
    Greece 57 1.4
    Papua New Guinea 40 1.0
    United Kingdom 764 18.6
    Other 56 1.4
    Others 152 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.8
    Christianity 2778 72.5
    Hinduism 4 0.1
    Other Religious Groups 11 0.3
    No Religion 1006 26.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 163 9.4
    $400-$599 422 24.3
    $600-$799 306 17.6
    $800-$999 237 13.7
    $1,000-$1,249 161 9.3
    Others 445 25.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2337 64.6
    Employed, worked full-time 562 15.5
    Employed, worked part-time 539 14.9
    Employed, away from work 93 2.6
    Unemployed, looking for work 87 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 187 15.6
    Technicians & trades workers 170 14.2
    Community & personal service workers 174 14.6
    Sales 174 14.6
    Labourers 140 11.7
    Others 350 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.3
    Infants/Primary 226 46.3
    Secondary 134 27.5
    Technical or Further Educational Institution 54 11.1
    University or other Tertiary Institutions 37 7.6
    Others 11 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3587 95.4
    Semi-detached, row or terrace house, townhouse 89 2.4
    Flat, unit or apartment 85 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1067 57.8
    Being purchased 402 21.8
    Rented 356 19.3
    Other tenure type 20 1.1
    Tenure Type
Census 2011, ABS
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