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Findon, SA 5023

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 Findon, SA 5023 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 “Findon, SA 5023”

  1. The total adult population (15 years or older) of Findon 5023 SA is 5,928, with a median age of 37. Of those, 42.43% are married, 12.62% are divorced or separated, 38.44% are single and 6.34% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,496. The median monthly mortgage repayment for households in this suburb is $1,733 which is 23.12% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in South Australia, the suburb of Findon 5023 supports an estimated 3751 households. As Q3 2023 statistics roll in, it is compelling to note that the typical house prices in Findon are around $727,992, and the median weekly rent sits at $568. This sets up an indicative yield of about 4.06%, exceeding the 3% cash flow-centric investment threshold adding to the appeal of holdings in the suburb.

    Notably, Findon beams with an IRSAD score of 962 out of the maximum 1217, suggesting a prosperous socio-economic climate with a good segment of households fitting into higher income categories. With a renter to owner ratio being 36%, Findon has a balance between renters and owners. This could possibly provide a steady rental demand without risking over-saturation.

    The units to houses ratio stands at 23%, which is below the favourable cap of 50%, indicating dominance of houses over units such as apartments or flats. Such housing mix may assist in maintaining higher rental yields whilst potentially attracting more long-term tenants, particularly families.

    However, the suburb’s affordability index measures 38 years – that’s 8 years more than the standard mortgage term, implying comparatively lesser affordability in terms of property ownership for the locals.

    The stock on market percentage for houses is at a rather favourable 0.39%, aligning towards a low-supply market which might serve property investors with opportunities for capital gains when sold. This is further reinforced by the relatively short inventory level of 1.32 months, demonstrating a quick absorption rate for new listings on the market.

    Building approvals ratio for houses in Findon is also enticing at 1.74% – a level reflecting a moderate increase in housing stock without threatening to oversupply.

    Quite impressively, houses in Findon trend with a 17-day average listing period, evidencing strong demand and fast-paced buying activity in a market where typical periods may go till 35 days. The suburb also boasts a very low vacancy rate of 0.52%, indicating more potential renters than available properties, enhancing investment appeal for prospective landlords.

    However, the buy search index of 3 signifies a neutral demand, indicating a steady market that’s in line with the state or city norm, rather a hot buying streak.

    Despite certain metrics touching the unusual mark in Q3 2023, like the affordability index and buy search index, most other parameters paint a favourable picture of Findon’s property market with rewards tilting towards those making strategic investment choices. Utilising tools like HtAG Analytics’ Relative Composite Score metric, can further streamline decision-making by wrapping up such extensive research within an automated scope.

    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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