St Georges

POSTAL CODE: SA, 5064

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,800,000.

The upward trend in home prices in ST GEORGES, 5064 averaged 5.21% per annum over a 3-year period.

Average weekly rents on listings have reached the $760 mark, reflecting a 2.2% increase in returns based on the current median price in ST GEORGES.

An average of 2.42 real estate transactions take place per month in ST GEORGES which translates to 29 per annum.

29 properties were sold in ST GEORGES in 2016, making it the 237th most active market in SA based on total real estate transactions.

ST GEORGES, 5064 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,800,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	-2.7%	N/A
Median 3 years	15.64%	N/A
Median 5 years	57.89%	N/A
10 years average annual	7.08%	N/A
Weekly media advert. rent	$760	N/A
Time on Market	57 days	N/A
Gross Rental Yield Percent	2.2%	N/A

Demographics (Median Values)*

Total Population 9855

Weekly Household Income 1799

Household Size 2.50

Average Age 46

Monthly Loan Repayment 2167

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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