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Underdale, SA 5032

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Underdale, SA 5032 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Underdale, SA 5032”

  1. The total adult population (15 years or older) of Underdale 5032 SA is 2,065, with a median age of 38. Of those, 45.86% are married, 10.99% are divorced or separated, 37.72% are single and 5.23% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $8,532. The median monthly mortgage repayment for households in this suburb is $1,786 which is 20.93% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Underdale, postcode 5032, is situated in South Australia and features an estimated total of 1,299 households. As Q3 of 2023 rolls in, typical house prices in Underdale are suggested to be around the $896,383 mark with a median weekly rent of $587. This rent reflects an attractive indicative yield for savvy investors, evident at around 3.41%.

    A socio-economic snapshot of the area shows an encouraging IRSAD score of 1,012 out of a possible 1,217. This score signals a relatively robust socio-economic standing with access to a reasonable breadth of economic resources within this community.

    The ratio of renters to owners is slightly weighted towards home occupants, standing at 36%. While there’s ample opportunity to secure rental incomes, the market isn’t oversaturated with investment properties.

    On the other hand, Underdale’s housing profile is dominantly geared towards freestanding homes with the unit to houses ratio at a modest 26%. This statistic places Underdale firmly in the preferable investment spectrum. With fewer units flooding the market, competition among landlords for tenants is minimized, leading to potentially higher rental returns.

    However, the affordability factor presents challenges, with the “Years to Own” index showing it would take an estimated 41 years to fully own a typical house in this area. This suggests less affordability, which can affect the local property market dynamics.

    When it comes to supply figures, Underdale’s housing market may benefit property investors due to minimal activity. The stock on market Percentage for houses records a mere 0.1%, while the inventory level for houses merely reaches 0.4 months. Further reinforcing the impression of a tight market is a modest building approvals Ratio for houses of only 0.88%. Altogether, these factors suggest supply is scarce, potentially bolstering house prices.

    Indicators of demand for this suburb are also promising, with houses sitting on the market for only 9 days on average, which in turn reflects a buoyant demand. A low vacancy rate of 0.43% (combined houses and units) further assures persistent demand, as it illustrates a high occupancy rate.

    However, the buy search index for houses is relatively low at 3, indicating the demand might not be robustly high or competitive.

    Drawing on these detail-oriented metrics provides a glimpse into the potential prospects and pitfalls of investing in the Underdale property market. Furthermore, leveraging tools like the RCS metric can automate this research, providing investors with an added edge. Remember, while specific metrics may fall outside ideal ranges, the overall market health is often dictated by the majority of metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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