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Crafers, SA 5152

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 Crafers, SA 5152 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 “Crafers, SA 5152”

  1. The total adult population (15 years or older) of Crafers 5152 SA is 1,625, with a median age of 44. Of those, 60.12% are married, 9.66% are divorced or separated, 27.88% are single and 3.02% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $11,820. The median monthly mortgage repayment for households in this suburb is $2,167 which is 18.33% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in South Australia, the suburb of Crafers, 5152 has an estimated 885 households as of Q3 2023. With typical house prices standing at $1,134,649, a homebuyer is expected to pay a median weekly rent of $547. This amounts to an indicative yield of 2.51%, a figure slightly lower than the minimum 3% market requirement typically attractive to cashflow-centered property investors.

    Crafers boasts an above average socio-economic status, with an IRSAD score of 1119 out of 1217. This suggests a robust economic outlook for the area, implicating a high likelihood of residents with stable incomes and access to economic resources.

    The suburb has a meagre renter to owner ratio of 9%, well under the 30% threshold which is typically favourable. Since markets oversaturated with rental properties tend to yield reduced returns, the low ratio in Crafers infers a beneficial outlook for long-term returns.

    Given that the units to houses ratio is 0%, this implies an absence of apartments, flats, and studios. This sort of property landscape is appealing to families seeking longer tenancies, and consequently more promising for the property investor preferring reduced competition and higher rental yields.

    However, the affordability index for houses stands at a slightly less favourable 38 years. This means potential homeowners would require approximately 38 years to fully own a property, a duration that surpasses the standard 30-year mortgage period.

    The stock availability in the property market is low, as suggested by the 0.11% stock on market Percentage. Added to this, with a very low inventory level of 0.38 months, the market absorption rate of new listings is relatively high.

    In the property construction market, the building approvals Ratio stands at 0%, indicating a low supply level that can generally lead to favourable conditions.

    The days on market measure is encouragingly low, at 7 days, indicating high demand. Meanwhile, the combined vacancy rate for houses and units is slightly over averagely favourable, at 2.56%.

    With a buy search index of 7, it is clear that the suburb is attractive to potential buyers; a figure that signifies higher than average demand.

    In conclusion, though there are some unfavourable metrics in Crafers, a majority of the indicators are highly promising. The market, significantly skewed towards houses over units, and homeowners over renters, accompanied by high socio-economic status and demand; is indicative of a potentially strong investment proposition in Crafers.

    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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