Fraud Blocker

Bedford Park, SA 5042

Home » SA Real Estate Data » City of Marion, SA » Bedford Park, SA 5042

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 Bedford Park, SA 5042 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 “Bedford Park, SA 5042”

  1. The total adult population (15 years or older) of Bedford Park 5042 SA is 1,741, with a median age of 28. Of those, 28.55% are married, 6.89% are divorced or separated, 61.11% are single and 3.62% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $6,888. The median monthly mortgage repayment for households in this suburb is $1,600 which is 23.23% of their earnings.

    Source: ABS Census Data (2021)

  2. Introduction: The suburb of Bedford Park, 5042, nestled in the heart of SA, encapsulates a humble 663 households. Its typical house prices, as of Q3 2023, sit comfortably at the $701,340 mark. But let’s dive a little deeper into its property market characteristics.

    Prices, Rent, and Yield: With a weekly median rent costing at an affordable $385, Bedford Park gives rise to an indicative yield of 2.85%. Though falling just shy of the attractive 3% market requirement for yield-centric investors, it presents potential for steady, long-term returns in an evolving market.

    Socio-Economic Score and Ratios: An IRSAD score of 989 out of 1217 classifies the suburb under a higher socio-economic bracket, usually suggesting positive property market behaviour. However, the Renters to Owners ratio sits at a 52%, falling under the less ideal investment category due to the potential market saturation and competition present. On the brighter side, the units to houses ratio is at an investor-friendly 28%, indicating a stable market less saturated with rentals and thus less competition among landlords.

    Affordability Index: Bedford Park’s affordability index for houses stands at 40 years, which could be seen as less favourable due to the time taken to fully own a property regarding current interest rates, median family income, and area’s property prices.

    Supply Metrics: The suburb exhibits a promising stock on market Percentage of 0.24% for houses, suggesting a desirable level of supply. The inventory for houses at 0.86 months further solidifies the favourable supply trend, indicating a good pace at market absorption of new listings. However, the building approvals Ratio at a steep 8.77% may signal an upcoming over-supply, which investors should keep an eye on.

    Demand Metrics: Houses in Bedford Park experience an impressive average of just 12 days on the market. Paired with a low vacancy rate of 0.88%—an indicator of thriving demand in the area—it portrays a potentially high-demand market. Nevertheless, a buy search index at 3 modestly suggests neutral demand, which investors should factor into their analysis.

    In conclusion: The Bedford Park housing market showcases a mix of favourable and less favourable indicators. However, with vigilant monitoring of the market trends and conditions, potential opportunities for stable and positive returns in the long term could be identified. As always, pairing individual metrics with a comprehensive tool like the RCS (Relative Composite Score) by HtAG Analytics, can not only simplify but enhance investment decision-making.

    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