Suburb Profile Report for New Town SA (5554)

New Town House: Median price $254,500, Annual capital growth 1.41%, Number of sales 21, 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.

  • House Report

Investment property in New Town has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.69%

Comparing New Town,5554 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

In the last year 21 properties changed hands in New Town, which puts it as the 340th 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 5.52%, without taking into account capital value appreciation, which has been averaging out at 1.41%.

Metrics i HOUSE UNIT
$254,500 N/A
3.04% N/A
17.69% N/A
1.41% N/A
$270 N/A
21 N/A
5.52% N/A
N/A 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 : Above average (H), Above average (U)
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Demographics
Total population 1174
Median household income ($/weekly) 964
Median age of persons 36
Median housing loan repayment ($/monthly) 1096
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 196 16.7
    25-34 years 137 11.7
    35-44 years 150 12.8
    45-54 years 164 14.0
    55-64 years 146 12.4
    Others 382 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 451 53.3
    Not Married 310 36.6
    Defacto Relationship 85 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1085 94.9
    China 3 0.3
    United Kingdom 37 3.2
    United States of America 4 0.3
    Other 5 0.4
    Others 9 0.8
    Country of Birth
    Census Count Percent(%)
    Christianity 642 60.1
    No Religion 423 39.6
    Other Religious Groups 3 0.3
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 49 12.7
    $600-$799 52 13.5
    $800-$999 43 11.1
    $1,000-$1,249 44 11.4
    $1,500-$1,999 56 14.5
    Others 142 36.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 330 37.8
    Employed, worked full-time 286 32.8
    Employed, worked part-time 193 22.1
    Employed, away from work 33 3.8
    Unemployed, looking for work 31 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 59 11.6
    Technicians & trades workers 93 18.2
    Clerical & administrative workers 60 11.8
    Sales 78 15.3
    Labourers 77 15.1
    Others 143 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 13 4.8
    Infants/Primary 143 52.6
    Secondary 76 27.9
    Technical or Further Educational Institution 21 7.7
    University or other Tertiary Institutions 13 4.8
    Others 6 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1125 98.0
    Semi-detached, row or terrace house, townhouse 23 2.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 163 39.3
    Fully owned 153 36.9
    Rented 96 23.1
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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