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Port Vincent
AREA REPORTS

Port Vincent

Port Vincent - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5581

house

PORT VINCENT, 5581 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 PORT VINCENT, 5581 values up and netting property investors a capital gain of 12.28% for the past year.

Investors saw the median home price rise to $320,000.

Profits due to an downward trend in home prices in the suburb averaged -2.19% per annum over a 3-year period.

PORT VINCENT now ranks at the 303rd 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 PORT VINCENT are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PORT VINCENT, homes and units usually stay on listing for an average of 177.4 days.

In 2016, 30 properties were sold in PORT VINCENT during the past year, making it the 240th most active market in SA based on total real estate transactions.

Data report can be found below

Port Vincent
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 N/A
GROWTH REPORT
Median Quarterly -3.03% N/A
Median 12 month 12.28% N/A
Median 3 years -6.57% N/A
Median 5 years 15.32% N/A
10 years average annual 1.78% N/A
Weekly media advert. rent N/A N/A
Time on Market 177.4 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
542
Weekly Household Income
791
Household Size
1.90
Age
64
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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