Seacombe Heights SA Property Investment

Seacombe Heights has compounded at 4.4%/yr over 5 years. Median sits in the $1,230,000 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 20 days (sellers have the leverage).

• Median house: $1,230,000 (single source — OnTheHouse only, no peer to validate) | Units: $744,296
• Gross yield: 2.8% | Net yield: 1.3%
• 5yr price CAGR: 4.4%/yr | 3yr forecast: 13.5%/yr
• Population: 1,549 | Owner-occupier rate: 62% | Affluence: Above Average

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 0.8% (improving) | Rental demand: Very High
• Median weekly rent: $663/wk | Days on market: 20 (improving)
• Landlord market — rents likely to keep rising.

• Median nightly rate: $483/night | Occupancy: 42%
• Estimated annual STR gross: ~$74,102/yr
• vs long-term rent: $34,476/yr (+115% STR premium — factor in higher management costs)

• North South Corridor (South Australia) (Under Construction)
• Adelaide Metro Train Services Franchise (Under Delivery)
• North-South Corridor (Torrens to Darlington) (under_construction)
• Transport: Well-connected inner-city location

If Seacombe Heights maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,414,500 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Seacombe Heights pull back 10-15% from $1,230,000, with vacancy rising to 1.4% and rental yields softening as tenants gain leverage.

• Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property

• Gepps Cross (SA): $912,646 median, 1.9% yield, 2.1% 1yr growth
• Kilburn (SA): $1,093,556 median, 2.8% yield, 31.9% 1yr growth
• Rosewater (SA): $897,500 median, 3.4% yield, 9.4% 1yr growth

Seacombe Heights offers balanced fundamentals but does not present an urgent buying signal. The market is in a stable phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

• Entry range: $1,107,000 – $1,353,000
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.