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Stepney, SA 5069

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 Stepney, SA 5069 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 “Stepney, SA 5069”

  1. The total adult population (15 years or older) of Stepney 5069 SA is 805, with a median age of 39. Of those, 36.15% are married, 13.79% are divorced or separated, 45.22% are single and 4.60% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $11,232. The median monthly mortgage repayment for households in this suburb is $2,000 which is 17.81% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburban space of Stepney 5069, nestled in South Australia, is comprised of approximately 849 residences. As we rolled into the third quarter of the year 2023, houses in Stepney 5069 were selling at a typical price of $1,140,121. In this period, median weekly rent sat comfortably at $572. This rent price, matched with the property selling price, creates an indicative yield of roughly 2.61%.

    A closer look at the fundamental aspects of Stepney 5069 reveals an IRSAD score of 1069 from a possible 1217. Such a score indicates higher socio-economic conditions with access to ample economic resources, superior incomes and a professional class dominating the labour market.

    Rental properties occupy 36% of the housing mix in the suburb, imputing a relatively balanced ratio between owners and renters. Furthermore, the ratio between units and houses stands at 14%, demonstrating a clear preference for houses over apartment-style living within the community.

    Nonetheless, affordability could be perceived as a challenge in this area. The Affordability Index for houses is estimated at 40 years, indicating a more extended span for property ownership completion than the standard 30-year mortgage.

    In terms of supply metrics, Stepney has kept its market tight with the stock on market Percentage for houses at a minimal 0.44%. The suburb also maintains a low inventory level for houses at 1.33 months. The Building Approval Ratio for houses is also at 0.0%, pointing towards no new housing stock entering the market shortly.

    Demand indications for Stepney are quite favourable. Houses in Stepney are selling rapidly with an average of only 15 days on the market. The Vacancy Rate, which combines data for houses and units, is a mere 0.66%, to suggest a high demand for rentals with minimal unoccupied residences available.

    The suburb has also sparked online interest. The buy search index for houses in Stepney 5069 achieved a comfortable 6, demonstrating increased demand from potential buyers actively seeking to invest in the area. This collection of statistics suggests that houses in Stepney are generally consistent in providing lucrative opportunities for investment.

    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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