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Erindale
AREA REPORTS

Erindale

Erindale - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5066

house

Based on its average 5-year and quarterly capital gains ERINDALE, 5066 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that ERINDALE, 5066 obtained a 6.41% growth over a ten-year period. It ranks 1755th on our list of suburbs that property investors should look into.

ERINDALE, 5066 in SA belongs to the local government area of Burnside (C).

ERINDALE, 5066 has a capital gain of 29.55% for the past year, which is higher than average compared to its 33.49% growth within a five-year period.

With the median home price in ERINDALE sitting at $1,425,000, and the average rent at $585, property owners could potentially earn a 2.13% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ERINDALE are high, as opposed to average gains per annum over the past five years.

A 29.55% increase in median property prices in ERINDALE, 5066 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 71st.

Data report can be found below

Erindale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,425,000 N/A
GROWTH REPORT
Median Quarterly 18.75% N/A
Median 12 month 29.55% N/A
Median 3 years 17.77% N/A
Median 5 years 33.49% N/A
10 years average annual 6.41% N/A
Weekly media advert. rent $585 N/A
Time on Market 55.4 days N/A
Gross Rental Yield Percent 2.13% N/A
demographics (median values)*
Total Population
11718
Weekly Household Income
2070
Household Size
2.70
Age
44
Monthly Loan Repayment
2100
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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