Fraud Blocker

Hackham, SA 5163

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 Hackham, SA 5163 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 “Hackham, SA 5163”

  1. The total adult population (15 years or older) of Hackham 5163 SA is 3,714, with a median age of 40. Of those, 37.51% are married, 17.80% are divorced or separated, 38.13% are single and 6.70% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,780. The median monthly mortgage repayment for households in this suburb is $1,300 which is 22.49% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in South Australia, the suburb of HACKHAM-5163 harbours around 2404 households. As we head into the third quarter of 2023, there are some interesting trends emerging in HACKHAM property market that property buyers and investors should not overlook.

    On a pricing level, Hackham offers a typical house price of $527,355, and a median weekly rent of $428. This pricing structure produces an indicative yield of 4.22%, surpassing the attractive market requirement of 3% for cashflow-centred property investors. From an investment perspective, this yield indicates a higher potential for income generation.

    In terms of socio-economic indicators, Hackham has an IRSAD score of 876 out of 1217, painting a picture of a moderate access to economic resources by the residents. The suburb maintains a healthy renter to owner ratio of 23%, suggesting a balanced market not oversaturated with rental properties. This is supplemented by a lower units to houses ratio of 7%, which points towards stability and effects of less competition among landlords—quite a favourable environment for property investors.

    Breaking down the affordability index reveals that it takes around 36 years to own a house in Hackham. Although it seems on a higher side considering the standard 30-year mortgage, many markets can still present opportunities if other metrics are favourable.

    Taking a look at the supply metrics, Hackham has a manageable stock on market percentage for houses at 0.6%, falling into the neutral range. The suburb’s inventory level stands at 2.58 months, indicating a fairly absorbent market. In terms of building approvals, Hackham sees a low ratio of 0.17%, suggesting a limited influx of new dwellings in the near future.

    On the demand metrics front, houses in Hackham have a low average of 18 days on market, indicating a high demand, while the vacancy rate, combining units and houses, is at a reasonable 1.26%, indicating high demand. Surprisingly, though, the buy search index for houses stands at 3, suggesting that the demand could be more neighbourhood-specific, or buyers are using more traditional methods to find real estate.

    Overall, despite a few metrics appearing unfavourable, the HACKHAM property market presents a number of promising parameters. It’s prudent to keep in mind that ever since HtAG Analytics introduced the Relative Composite Score (RCS) metric, making sense of all this data has become significantly more effortless. The RCS metric takes into account over 80 factors, showing investors a comprehensive overview of both current and projected property market trends. It’s a new dawn for property investors indeed.

    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