Seaford Heights

POSTAL CODE: SA, 5169

HOUSE

Homeowners and real estate investors betting on SEAFORD HEIGHTS, 5169 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 19.73%.

A steady increase in median property prices over a five-year period in the suburb translates to a 32.87% capital gain.

Property investors in SEAFORD HEIGHTS enjoyed capital gains of 19.73% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb 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 $857,000.

Profits due to an upward trend in home prices there averaged 10.96% per annum over a 3-year period.

Home owners selling their properties and realtors in SEAFORD HEIGHTS usually have to wait an average of 34.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.94% increase in returns based on the current median price in SEAFORD HEIGHTS.

SEAFORD HEIGHTS, 5169 places 106th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$857,000	N/A
Growth Report
Median Quarterly	5.8%	N/A
Median 12 month	19.73%	N/A
Median 3 years	32.87%	N/A
Median 5 years	99.3%	N/A
10 years average annual	10.24%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	34.6 days	N/A
Gross Rental Yield Percent	3.94%	N/A

Demographics (Median Values)*

Total Population 17084

Weekly Household Income 1232

Household Size 2.60

Average Age 35

Monthly Loan Repayment 1599

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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