Fraud Blocker

Saddleworth, SA 5413

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 Saddleworth, SA 5413 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™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up 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 “Saddleworth, SA 5413”

  1. The total adult population (15 years or older) of Saddleworth 5413 SA is 419, with a median age of 55. Of those, 46.78% are married, 17.18% are divorced or separated, 28.16% are single and 8.11% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $4,416. The median monthly mortgage repayment for households in this suburb is $789 which is 17.87% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within South Australia, the suburb of Saddleworth 5413 is home to an estimated 478 households. As we progress into the third quarter of 2023, the average pricing for houses in this picturesque suburb are currently valued at $260,146. Rental properties enjoy a healthy median rent of $246 per week, showcasing an impressive indicative yield of 4.92% above the minimum market requirement, thereby making this region an engaging prospect for cashflow-focused property investors.

    The socioeconomic status of the Saddleworth community is reasonably strong, boasting an IRSAD score of 886 out of a possible 1217, reflecting modest financial resources and good living standards. It’s equally rewarding to observe a renter to owner ratio at a favourable 19%, considerably below the threshold of 30%. This portrays a market not oversaturated with rental properties, suggesting less competition, higher potential returns, and overall a more appealing neighbourhood vibe.

    Even more enticing for potential investors, is the zero percentage units to houses ratio – a clear indication of a market dominated by houses. This creates an opportunity for less competition amongst landlords chasing after tenants, maintaining strong rental yields and attracting longer tenancy durations, often a preference of families.

    The affordability index for houses stands at an absorbing 23 years, reflecting the time it would take for homeowners to fully own their property – a favourable metric below 30 years. Supply metrics also reveal promising figures, with stock on market Percentage for houses at a desirable low 0.21%, indicating a favourable market. This low supply market condition is substantiated by the inventory level for houses which currently sits at 1.09 months.

    The suburb also boasts a nonexistent Building Approval Ratio (0.0%) for houses – again suggesting a low supply scenario – generally favourable by property investors. The demand metrics, with 37 days on market and a vacancy rate of 3.0% falls within the neutral demand zone, but does lean closer to high demand values. Lastly, the buy search index shows an average value, echoing the consistent interest in this quality suburb.

    Balancing all these metrics, Saddleworth 5413, with its promising rental yields, favourable supply and demand index, and strong socio-economic indicators, appears to be a suburb worthy of investment consideration. It’s worth acknowledging, however, that notwithstanding any strong trends, a degree of unfavorable metrics can exist, provided the majority remain favourable. Utilising tools like the RCS (Relative Composite Score) developed by HtAG Analytics can greatly aid in providing a comprehensive research base, simplifying decision-making processes.

    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