This property is Off Market
With an average age of 47, households expect an average monthly mortgage payment of $1,779 or a weekly rent payment of $300. The average family earns a weekly income of $2,333 with a typical household size of 2.9 and a 96.27% employment rate.
Consistent high demand relative to supply is a key feature in Bibaringa driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Bibaringa ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Bibaringa leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Bibaringa to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Bibaringa the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
(Country of Birth not stated 6%)
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Investability - Housing Demand
South Australia State average 45 / 100
Income
74 / 100
44 / 100
Industry
08 / 100
34 / 100
Population
15 / 100
37 / 100
House Prices
87 / 100
62 / 100
Jobs
11 / 100
33 / 100
Incidents Trend State Average
Trinity College Senior
Evanston South, SA, 5116 Independent 11-12
St Brigid's Catholic School
Evanston, SA, 5116 Independent R-6
Trinity College South
Evanston South, SA, 5116 Independent R-10
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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