Fraud Blocker

Summertown, SA 5141

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 Summertown, SA 5141 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Summertown, SA 5141”

  1. The total adult population (15 years or older) of Summertown 5141 SA is 611, with a median age of 43. Of those, 61.54% are married, 7.04% are divorced or separated, 30.44% are single and 1.15% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $9,396. The median monthly mortgage repayment for households in this suburb is $2,167 which is 23.06% of their earnings.

    Source: ABS Census Data (2021)

  2. Summertown, postcode 5141, is a quaint suburb nestled in South Australia, featuring a cosy population with about 321 households. Come Q3 of 2023, typical house prices in this area sat at a premium of $1,272,658, with a median weekly rent at $596. This offers an indicative yield of 2.44%, which is slightly below the minimum attractive market requirement of 3% for those focused on cashflow-driven investments.

    However, Summertown exhibits a strong socio-economic score of 1088 out of 1217, suggesting a robust community demographic with decent access to economic resources. Further substantiating its appeal, the renter to owner ratio sits at a favourable rate of 6%, substantially below the cautionary measure of 30%. Investors should expect minimal competition as the units to houses ratio is at 0%, indicating that the property market is dominated by houses, which traditionally attract more prolonged tenancy periods.

    The affordability index, however, clocks in at 30 years such a figure is at the higher end of the favourable range, suggesting that homeownership is a long-term financial commitment for residents. The low stock on market Percentage at 0.31%–well below the 1.3% threshold–signifies low supply, further complemented by a favourable inventory level of 1.71 months.

    The favourable circumstances continue with the building approvals ratio at 0.31%, comfortably below the 2% mark, indicating a low supply of new dwellings. Houses in Summertown typically sell swiftly, with a low average Day on the Market value of 17 days. Nonetheless, a vacancy rate of 5.26% signifies a slight challenge, hinting at reduced rental demand and potential vacancies for landlords to contend with.

    Contrarily, the buy search index for houses in Summertown is a high-demand indicator at 10. This suggests that despite minor challenges, Summertown continues to attract interest from property buyers. Summertown’s lower yields and higher vacancy rates are offset by the favourable Buy Search Index, low supply metrics, and strong socio-economic score. These metrics emphasise the importance of viewing suburb performance from an overall perspective rather than an isolated metric analysis.

    Considered in totality, the suburb of Summertown offers a distinct property investment opportunity in Q3 of 2023. An understanding of the array of property market data and trends is key for attuned investors ready to seize attractive prospects and steer clear of questionable investments. With the aid of HtAG Analytics’ Relative Composite Score, we empower efficient decision-making based on the comprehensive analysis of over 80 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.

Leave a comment