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Bowden
AREA REPORTS

Bowden

Bowden - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5007

house
unit

A 31.7% increase in median property prices in BOWDEN, 5007 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 80th.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $727,000

The augmented property values in the suburb are trailing above the territorial average of 17.92% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $512.5.

Home owners selling their properties and realtors in BOWDEN usually have to wait an average of 0 days days before their assets are lifted off the market.

The SA suburb ranks 188th on the list of best yielding suburbs for rental properties in SA, posting a 3.67% return.

It also places places 176th in Australia based on median property value growth during the quarter.

Data report can be found below

Bowden
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $727,000 $476,000
GROWTH REPORT
Median Quarterly 6.81% 3.48%
Median 12 month 31.7% 1.28%
Median 3 years N/A 6.61%
Median 5 years N/A 12%
10 years average annual 12.39% 2.55%
Weekly media advert. rent $512.5 $430
Time on Market N/A 61.7 days
Gross Rental Yield Percent 3.67% 4.7%
demographics (median values)*
Total Population
7084
Weekly Household Income
1270
Household Size
2.10
Age
36
Monthly Loan Repayment
1645
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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string(23) "Profile:BOWDEN State:SA"

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