SA/
Brompton

Suburb Profile

Brompton - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5007

house
unit

BROMPTON, 5007 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling BROMPTON, 5007 values up and netting property investors a capital gain of 11.2% for the past year.

Investors saw the median home price rise to $556,000.

Profits due to an upward trend in home prices in the suburb averaged 6.1% per annum over a 3-year period.

BROMPTON now ranks at the 244th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BROMPTON are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $400 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BROMPTON, homes and units usually stay on listing for an average of 70.3 days.

In 2016, 41 properties were sold in BROMPTON during the past year, making it the 181st most active market in SA based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $556,000 $453,500
GROWTH REPORT
Median Quarterly 0.18% 0.78%
Median 12 month 11.2% 2.83%
Median 3 years 18.3% 11.02%
Median 5 years 26.36% 24.25%
10 years average annual 4.65% 3.17%
Weekly media advert. rent $400 $400
Time on Market 70.3 days 48.3 days
Gross Rental Yield Percent 3.74% 4.59%
demographics (median values)
Total Population
2489
Weekly Household Income
905
Household Size
2.10
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