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Urrbrae, SA 5064

Home » SA Real Estate Data » City of Mitcham, SA » Urrbrae, SA 5064

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 Urrbrae, SA 5064 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 

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Rent 

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Yield 

2BR

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5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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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 “Urrbrae, SA 5064”

  1. The total adult population (15 years or older) of Urrbrae 5064 SA is 874, with a median age of 44. Of those, 58.81% are married, 8.47% are divorced or separated, 27.12% are single and 4.92% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $10,664. The median monthly mortgage repayment for households in this suburb is $2,383 which is 22.35% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the borders of South Australia, Urrbrae 5064 is a quiet, residential suburb consisting of an estimated 447 households. As we delve deeper into Q3 of 2023, typical house prices in this locality have been recorded at an impressive $1,272,857 AUD, with median weekly rents peaking at $753. This combination equates to an attractive indicative yield of 3.08%, meeting the minimum desired yield for cashflow-centered property investors.

    The socio-economic fabric of Urrbrae is relatively comfortable, suggested by its strong IRSAD score of 1113 out of 1217. This indicates a well-off population with good access to economic resources, including significant income levels and a probable concentration of skilled professions. Additionally, the suburb exhibits a low renter-to-owner ratio, standing at just 13%. This factor paints Urrbrae as a favourable environment for property investors, as locations with lower ratios often present prospective for higher long-term returns, reduced investment risk, and low competition.

    The units-to-houses ratio in Urrbrae is significantly low at 6%, indicating that the market is scarcely oversaturated with rental units, protecting investors from potential price drops and competition amongst tenants. However, the affordability index for houses is relatively high, at 47 years, which could potentially point to a decreased affordability in the suburb.

    Turning to supply metrics, the stock on market Percentage is a favourable 0.24%, reflecting low levels of unsold stock in the area. inventory levels sit at a low 0.92 months, again favouring investors with lesser supply in the market. Despite this, the building approvals Ratio for houses is relatively high at 2.14%, which may potentially lead to an increased supply of new dwellings.

    On the demand side of the equation, houses in Urrbrae spend sparingly on the market. The average Dwell-on-Market (DOM) period is a mere 17 days, signifying high demand amongst buyers. However, the suburb’s vacancy rate is a heightened 5.08%, indicating slightly lower occupancy rates. Deceptive as this might be, the buy search index for houses is an encouraging 8, striking at high interest and demand from potential buyers despite the initial high vacancy rate.

    It’s crucial to remember that market decisions should be based on a comprehensive assessment of various property market data. Therefore, it’s advisable to remain watchful of market trends, as some metrics can throw up contrasting findings, like in the case of the seemingly high vacancy rate but also high buy search index for Urrbrae.

    Finally, to simplify your property investment decisions, consider utilising tools like the RCS (Relative Composite Score) developed by HtAG Analytics, which automate this complex process, collating and analysing over 80 distinct metrics and helping you identify the best investment suburbs.

    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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