Suburb Profile Report for Mount Barker SA (5251)

Mount Barker House: Median price $450,000, Annual capital growth 2.13%, Number of sales 434, Weekly median advertised rent $390

Mount Barker Unit: Median price $341,500, Annual capital growth 2.10%, Number of sales 62, Weekly median advertised rent $350

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Mount Barker has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 7.14% to date .

A 9.76% growth in median value for property investors in Mount Barker,5251 puts this suburb at number 276th in terms of best performing suburbs in SA

Property buyers and investors in Mount Barker 5251 should be seeing an average reduction in asking price of around -3.56% . This means that Mount Barker is holding prices well when compared to other suburbs in SA.

Situated 29.80km from the CBD, Mount Barker is one of Mount Barker (DC) localities in the postcode 5251.

Mount Barker, 5251 ranked 90th in SA when comparing growth in median property values or capital gain over the last 12 months. Mount Barker is one of 853 in our list for SA

Taking the average capital gain, or increase in median house value, Mount Barker,5251 has racked up an average of -1.87% over the period. This ranks it number 428th in the whole country for real estate investors looking at median house price increases.

Mount Barker, 5251 is offering SA ‘s 16th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.

On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.

Information supplied by:


September 2018

M
O

W
E

Unit stock drops, along with prices

Postcode: 5251

Median unit price: $292,500

Stock on market: 6.1%

12-month growth: -2.5%

Sitting comfortably in the Adelaide Hills, the suburb of Mount Barker saw unit supply on the market fall significantly from 13 to just 3 over the June 2017-2018 period.

Capital growth has been slowing in Mount Barker, and in the past 12 months, prices recorded their first drop in five years. Following a 2.2% decrease in the three months to June 2018, the median unit value comes in at just under $300,000. Rental yields remain high at an average of 5.2% off a weekly rent rate of $295.

Originally composed of farmland, Mount Barker has since experienced much urban development. As part of the largest town in the Adelaide Hills region, the suburb is home to several shopping centres, including Mount Barker Central, Mount Barker Village and Mount Barker Plaza. Mount Barker also contains a park with a playground and a skate park.

Metrics i HOUSE UNIT
$450,000 $341,500
2.27% -1.87%
7.14% -1.87%
2.13% 2.10%
$390 $350
434 62
4.51% 5.33%
70.6142322097378 86.1304347826087

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Mount Barker SA
Demographics
Total population 11808
Median household income ($/weekly) 1102
Median age of persons 36
Median housing loan repayment ($/monthly) 1625
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1656 14.0
    25-34 years 1486 12.6
    35-44 years 1714 14.5
    45-54 years 1557 13.2
    55-64 years 1376 11.7
    Others 4020 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 4237 49.9
    Not Married 3384 39.8
    Defacto Relationship 878 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9666 84.8
    Greece 90 0.8
    Papua New Guinea 111 1.0
    United Kingdom 910 8.0
    Other 170 1.5
    Others 449 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 90 0.8
    Christianity 6912 64.1
    Islam 41 0.4
    Other Religious Groups 90 0.8
    No Religion 3636 33.7
    Others 22 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 511 12.5
    $600-$799 423 10.4
    $1,000-$1,249 408 10.0
    $1,500-$1,999 564 13.8
    $2,000-$2,499 408 10.0
    Others 1768 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3390 37.8
    Not in the labour force 2924 32.6
    Employed, worked part-time 1973 22.0
    Employed, away from work 356 4.0
    Unemployed, looking for work 321 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 663 11.6
    Professionals 1041 18.2
    Technicians & trades workers 867 15.2
    Community & personal service workers 631 11.0
    Clerical & administrative workers 898 15.7
    Others 1616 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 156 5.4
    Infants/Primary 1209 41.8
    Secondary 772 26.7
    Technical or Further Educational Institution 295 10.2
    University or other Tertiary Institutions 385 13.3
    Others 72 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10447 93.5
    Flat, unit or apartment 379 3.4
    Semi-detached, row or terrace house, townhouse 315 2.8
    Caravan, cabin, houseboat 27 0.2
    House or flat attached to a shop, office 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1781 40.6
    Rented 1486 33.8
    Fully owned 1043 23.7
    Other tenure type 82 1.9
    Tenure Type
Census 2011, ABS
Chart Table