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Hewett, SA 5118

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 Hewett, SA 5118 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 “Hewett, SA 5118”

  1. The total adult population (15 years or older) of Hewett 5118 SA is 2,269, with a median age of 38. Of those, 57.78% are married, 8.07% are divorced or separated, 31.86% are single and 2.20% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $10,076. The median monthly mortgage repayment for households in this suburb is $1,733 which is 17.20% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in South Australia, the suburb of Hewett, 5118, is home to approximately 1042 households. According to data from Q3 2023, the typical price for houses in this suburb stands at $734,099, with the median weekly rent reaching $507. These figures result in an indicative yield of 3.59%.

    Hewett boasts an IRSAD score of 1043 out of 1217, signifying a robust socio-economic environment, with residents likely having good access to economic resources and working in skilled professions.

    Interestingly, in Hewett, a mere 12% of properties are rented, and the market specificity sees no units in the area – only houses, indicating less competition among owners to find tenants. In terms of market affordability, it would roughly take about 29 years to fully own a property in Hewett, keeping factors like current interest rates and median family income in mind.

    The area exhibits impressively low supply indicators, with a stock on market percentage of 0.19% and an inventory level of 0.65 months. Furthermore, there’s a complete lack of newly approved residential buildings – the building approval ratio stands at 0%.

    Market demand seems to be in a neutral range, with houses taking an average of 52 days to sell and a buy search index rating of 5, which is on par with the state and city average.

    The combined vacancy rate for houses and units in Hewett is as low as 0.81%, significantly below the threshold of a high-demand market. This indicates that any investment in property in this area would likely see high occupancy rates, allowing for a stable and consistent rental income.

    Hewett’s property market indicators appear to highlight the area as a promising investment opportunity, especially for those focused on achieving a balance of capital gains and rental yield. However, we still recommend regularly monitoring the market trends and developments for the most beneficial real estate investment decisions. Hewett’s Relative Composite Score (RCS), which integrates over 80 metrics, will further aid this analysis, offering a holistic and comprehensive view of the market performance.

    Remember, using tools like HtAG Analytics can automate this research and provide a quick, thorough understanding of the suburb’s property market landscape.

    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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