Powered by MOMENTUM MEDIA
smart property investment logo
Marino
AREA REPORTS

Marino

Marino - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5049

house

MARINO, 5049 delivered a stronger 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 MARINO, 5049 values up and netting property investors a capital gain of 21.95% for the past year.

Investors saw the median home price rise to $908,500.

Profits due to an upward trend in home prices in the suburb averaged 8.37% per annum over a 3-year period.

MARINO now ranks at the 89th 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 MARINO are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 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 MARINO, homes and units usually stay on listing for an average of 53.5 days.

In 2016, 44 properties were sold in MARINO during the past year, making it the 164th most active market in SA based on total real estate transactions.

Data report can be found below

Marino
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $908,500 N/A
GROWTH REPORT
Median Quarterly 10.79% N/A
Median 12 month 21.95% N/A
Median 3 years 25.12% N/A
Median 5 years 41.95% N/A
10 years average annual 5.87% N/A
Weekly media advert. rent $550 N/A
Time on Market 53.5 days N/A
Gross Rental Yield Percent 3.15% N/A
demographics (median values)*
Total Population
9764
Weekly Household Income
1502
Household Size
2.50
Age
44
Monthly Loan Repayment
1763
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.