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Craigmore, SA 5114

Home » SA Real Estate Data » City of Playford, SA » Craigmore, SA 5114

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 Craigmore, SA 5114 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 

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Buy 

1BR

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Rent 

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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 “Craigmore, SA 5114”

  1. The total adult population (15 years or older) of Craigmore 5114 SA is 8,658, with a median age of 37. Of those, 45.11% are married, 12.87% are divorced or separated, 36.79% are single and 5.28% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $6,844. The median monthly mortgage repayment for households in this suburb is $1,300 which is 18.99% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Craigmore, postcode 5114, is nestled within the South Australian region. As per the third quarter of 2023, it’s approximated to house a total of 4169 households. The prevailing market prices for houses within this locale are sitting at a steady $515,232. Simultaneously, the median weekly rent caps at $432, which lends an impressive indicative yield of 4.36% – a number that significantly surpasses the minimum market requirement of 3% for cashflow-focused property investors.

    Craigmore’s socio-economic standing is represented by an IRSAD score of 906 out of a total of 1217, indicating a reasonably strong socio-economic status with residents possessing satisfactory access to economic resources. Furthermore, the suburb presents a favourable renter to owner ratio of 20%, indicating a healthy balance between ownership and rental properties. This could present less competition for property investors seeking rental yields.

    Adding to its appeal, the suburb is almost entirely composed of houses, with virtually a zero units to houses ratio. This suggests a reduced competition for tenants, potentially leading to longer tenancy periods and the possibility of maintaining higher rental yields.

    Looking at the Affordability Index, it stands at 29 years. This estimated duration to fully own a property in Craigmore, assuming a standard 30-year mortgage and current interest rates, indicates a high level of affordability among residents.

    Considering the Supply metrics, Craigmore’s property market has a favourable low stock on market Percentage of 0.19% and a Months of Supply or inventory level at a mere 0.59 months, suggesting quick absorption of newly listed properties. Its building approvals Ratio sits at a relatively favourable 0.6%, indicating a limited supply of new dwelling stocks in the market.

    In terms of Demand metrics, Craigmore’s property market boasts an impressive average of just 23 Days on Market, indicating high demand for properties in the area. Additionally, the Vacancy Rate, combining both houses and units, stands at a low 0.82% – a favorable sign indicating high demand relative to supply. However, a slight caveat is the buy search index for houses at 3, painting a picture of limited demand.

    To conclude, while Craigmore’s strong yield, favourable socio-economic score, low renter to owner ratio, and strong Supply and Demand metrics present an appealing outlook, the slightly lower buy search index suggests a need for cautious optimism and regular monitoring of these metrics.

    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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