Thinking about buying in Marion? Now could not be a better time, with 2529 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $710,000 with prices in this suburb ranging from $219,000 to $3,271,000. Marion is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $300.86 |
Median Monthly Mortgage | $1614.43 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.29 |
Average Age | 37.86 |
Average Income | $675.43 |
Average Cars Per Dwelling | 1.51 |
Average Properties Within 50M | 16 |
1 Bed  $614,000 |
2 Bed  $515,000 |
3 Bed  $820,000 |
4 Bed  $1,011,000 |
5 Bed  $1,264,000 |
6 Bed+$1,061,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Marion due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Marion classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Marion requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
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10 NICHOLAS RD, MARION, SA, 5043 |
|
890000 |
Sunrise Christian School Marion
Marion Primary School
Westminster School
Suneden Special School
Hamilton Secondary College
SA School for Vision Impaired
Kilparrin Teaching and Assessment School and Services
Ascot Park Primary School
Dara School
Clovelly Park Primary School
(While the above schools are located with the suburb of Marion there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
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