Suburb Profile Report for Solomontown SA (5540)

Solomontown House: Median price $127,500, Annual capital growth 0.37%, Number of sales 27, Weekly median advertised rent $235

  • 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.

Are you moving house? Our tip: move your mortgage too.
  • House Report

Over the last year, property investments in Solomontown, 5540 have given investors a capital gain of 26.87%. This compares very favourably with the 10.08% for SA as a whole.

Solomontown,5540 was ranked 258 in Australia by increase in median property value over the quarter.

The most recent median price for Solomontown is $127500, with sellers offering an average of -11.24% off the asking price.

Residents and property investors in Solomontown have been waiting around 101.75 days to sell a property.

Metrics i HOUSE UNIT
$127,500 N/A
13.33% N/A
26.87% N/A
0.37% N/A
$235 N/A
27 N/A
9.58% N/A
101.75 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 (H), Above average (U)
Find a mortgage broker in Solomontown SA
Demographics
Total population 1064
Median household income ($/weekly) 619
Median age of persons 40
Median housing loan repayment ($/monthly) 810
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 134 12.6
    25-34 years 111 10.4
    35-44 years 133 12.5
    45-54 years 137 12.9
    65-74 years 118 11.1
    Others 431 40.5
    Age Group
    Census Count Percent(%)
    Not Married 384 49.5
    Registered Married 275 35.5
    Defacto Relationship 116 15.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 927 90.6
    Greece 6 0.6
    Japan 30 2.9
    United Kingdom 33 3.2
    Other 9 0.9
    Others 18 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 552 59.9
    No Religion 357 38.7
    Buddhism 7 0.8
    Other Religious Groups 6 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 69 16.5
    $400-$599 81 19.4
    $600-$799 68 16.3
    $800-$999 37 8.9
    $1,000-$1,249 30 7.2
    Others 132 31.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 431 52.0
    Employed, worked full-time 188 22.7
    Employed, worked part-time 144 17.4
    Unemployed, looking for work 42 5.1
    Employed, away from work 24 2.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 59 16.6
    Community & personal service workers 39 11.0
    Clerical & administrative workers 41 11.5
    Machinery operators & drivers 60 16.9
    Labourers 55 15.4
    Others 102 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.0
    Infants/Primary 82 41.2
    Secondary 71 35.7
    Technical or Further Educational Institution 18 9.0
    Other type of educational institution 12 6.0
    Others 6 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 916 92.7
    Flat, unit or apartment 30 3.0
    Caravan, cabin, houseboat 20 2.0
    Semi-detached, row or terrace house, townhouse 11 1.1
    House or flat attached to a shop, office 11 1.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 155 34.9
    Rented 151 34.0
    Being purchased 138 31.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart
Table

Investment Property Help

Get investment property help now
Whether you are a first time investor, or looking to grow your investment portfolio we can show you how to reduce investment risk and pick a top performing property like an expert.

 

What is your marital status?
What is your living situation?
What is your annual household income? i
$
How much savings do you have?
$
Any investment properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address

Latest Forum Posts

Australia's Top Suburbs

By rental yield Source: CoreLogic RP Data
Investment Checklists Download

Resources

Videos