This property is Off Market
With an average age of 43, households expect an average monthly mortgage payment of $1,914 or a weekly rent payment of $410. The average family earns a weekly income of $2,250 with a typical household size of 2.7 and a 95.44% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Marion are above average indicating a preference for good quality housing and lifestyle. That ensures consistent 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.
(Country of Birth not stated 2%)
Mitchell Park a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
38 / 100
44 / 100
Industry
65 / 100
34 / 100
Population
43 / 100
37 / 100
House Prices
63 / 100
62 / 100
Jobs
45 / 100
33 / 100
Incidents Trend State Average
Hamilton Secondary College
Mitchell Park, SA, 5043 State U, 8-12
Warradale Primary School
Warradale, SA, 5046 State R-7
Marion Primary School
Marion, SA, 5043 State R-7
Clovelly Park Primary School
Clovelly Park, SA, 5042 State U, R-7
Dara School
Morphettville, SA, 5043 Independent 1-7
SA School for Vision Impaired
Park Holme, SA, 5043 State U
Christ the King School
Warradale, SA, 5046 Independent R-6
Kilparrin Teaching and Assessment School and Services
Park Holme, SA, 5043 State U
Ascot Park Primary School
Park Holme, SA, 5043 State R-7
Westminster School
Marion, SA, 5043 Independent R-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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