Suburb Profile Report for Loxton SA (5333)

Loxton House: Median price $195,000, Annual capital growth 1.24%, Number of sales 60, Weekly median advertised rent $270

  • 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.

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  • House Report

Loxton has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -13.33% to date .

If we look at median property appreciation over just the last three months, Loxton has given property investors a paper return of 0.00%. This puts Suburb as 230 on a list of fastest fasting appreciating suburbs in SA

Vendor discounting in Loxton is giving property investors an average Vendor Discount of around -5.05%. This puts suburb at number 249th in SA when ranking the most discounted suburbs.

In the last year 60 properties changed hands in Loxton, which puts it as the 125th most active market in SA when comparing the number of sales per suburb.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 7.20%, without taking into account capital value appreciation, which has been averaging out at 1.24%.

Information supplied by:




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Loxton, SA – House stock almost hits 100

Postcode: 5333

Median house price: $196,423.50

Stock on market: 47.7%

12-month growth: -4.2%

Citrus and summer fruits grow nearby; meanwhile, the area north of the Murray Mallee focuses on dryland farming and grain cropping, giving residents access to lots of fresh produce!

Loxton highlights the extensive history of the mallee district through the Loxton Historical Village, which is known as the site of the annual Loxton Lights Up Christmas Festival. The 120m Loxton Gift handicap sprint race also takes place here every February. Other favourite pastimes in this area include boating, fishing and sports.

Housing stock soared in the year to August 2019, reaching almost 100.

Metrics i HOUSE UNIT
$195,000 N/A
0.00% N/A
-13.33% N/A
1.24% N/A
$270 N/A
60 N/A
7.20% N/A
103 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), Below average (U)
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Demographics
Total population 4365
Median household income ($/weekly) 842
Median age of persons 43
Median housing loan repayment ($/monthly) 1127
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 521 11.9
    35-44 years 525 12.0
    45-54 years 597 13.7
    55-64 years 584 13.4
    65-74 years 481 11.0
    Others 1657 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 1723 53.7
    Not Married 1221 38.1
    Defacto Relationship 263 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3908 93.0
    Greece 29 0.7
    Hong Kong 25 0.6
    United Kingdom 113 2.7
    Other 28 0.7
    Others 101 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.3
    Christianity 2943 73.8
    Hinduism 3 0.1
    Other Religious Groups 19 0.5
    No Religion 1012 25.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 209 12.7
    $400-$599 236 14.3
    $600-$799 211 12.8
    $800-$999 172 10.4
    $1,500-$1,999 162 9.8
    Others 658 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1382 39.9
    Employed, worked full-time 1159 33.4
    Employed, worked part-time 677 19.5
    Employed, away from work 135 3.9
    Unemployed, looking for work 115 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 285 14.5
    Professionals 292 14.8
    Technicians & trades workers 273 13.8
    Community & personal service workers 221 11.2
    Labourers 365 18.5
    Others 536 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 53 6.1
    Infants/Primary 382 44.2
    Secondary 274 31.7
    Technical or Further Educational Institution 95 11.0
    University or other Tertiary Institutions 44 5.1
    Others 16 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3627 90.1
    Semi-detached, row or terrace house, townhouse 289 7.2
    Flat, unit or apartment 85 2.1
    Caravan, cabin, houseboat 18 0.4
    House or flat attached to a shop, office 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 667 38.6
    Being purchased 559 32.4
    Rented 469 27.2
    Other tenure type 32 1.9
    Tenure Type
Census 2011, ABS
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