Suburb Profile Report for Nuriootpa SA (5355)

Nuriootpa House: Median price $370,000, Annual capital growth 1.95%, Number of sales 123, Weekly median advertised rent $340

  • 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.

  • House Report

Nuriootpa is in the bottom 40% in SA when comparing median price capital growth over the last year. Nuriootpa gave property investors a disappointing capital gain figure when compared to the rest of the state, with 7.25%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nuriootpa has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Nuriootpa should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 1.95%.

Metrics i HOUSE UNIT
$370,000 N/A
2.78% N/A
7.25% N/A
1.95% N/A
$340 N/A
123 N/A
4.78% N/A
87.6913580246914 N/A

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 (U), Good (H)
Find a mortgage broker in Nuriootpa SA
Demographics
Total population 5704
Median household income ($/weekly) 979
Median age of persons 41
Median housing loan repayment ($/monthly) 1408
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 736 12.9
    25-34 years 679 11.9
    35-44 years 726 12.7
    45-54 years 694 12.2
    55-64 years 737 12.9
    Others 2132 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 2287 53.6
    Not Married 1518 35.6
    Defacto Relationship 461 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5075 91.6
    Greece 54 1.0
    Papua New Guinea 31 0.6
    United Kingdom 269 4.9
    Other 33 0.6
    Others 79 1.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.3
    Christianity 4168 77.2
    Islam 6 0.1
    Other Religious Groups 19 0.4
    No Religion 1189 22.0
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 218 10.3
    $400-$599 292 13.8
    $600-$799 244 11.5
    $1,000-$1,249 213 10.0
    $1,500-$1,999 273 12.9
    Others 883 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1727 38.4
    Employed, worked full-time 1685 37.4
    Employed, worked part-time 849 18.9
    Employed, away from work 136 3.0
    Unemployed, looking for work 104 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 328 12.3
    Professionals 321 12.0
    Technicians & trades workers 381 14.3
    Clerical & administrative workers 342 12.8
    Labourers 545 20.4
    Others 750 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 81 6.7
    Infants/Primary 582 48.4
    Secondary 289 24.0
    Technical or Further Educational Institution 139 11.6
    University or other Tertiary Institutions 79 6.6
    Others 33 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5201 96.0
    Semi-detached, row or terrace house, townhouse 119 2.2
    Flat, unit or apartment 82 1.5
    Caravan, cabin, houseboat 13 0.2
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 824 36.4
    Being purchased 795 35.1
    Rented 561 24.8
    Other tenure type 86 3.8
    Tenure Type
Census 2011, ABS
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