Gilles Plains

POSTAL CODE: SA, 5086
HOUSE

GILLES PLAINS, 5086 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling GILLES PLAINS, 5086 values up and netting property investors a capital gain of 10.52% for the past year.

Investors saw the median home price rise to $851,000.

Profits due to an upward trend in home prices in the suburb averaged 13.13% per annum over a 3-year period.

GILLES PLAINS now ranks at the 219th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $650 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GILLES PLAINS, homes and units usually stay on listing for an average of 46 days.

In 2016, 64 properties were sold in GILLES PLAINS during the past year, making it the 71st most active market in SA based on total real estate transactions.

Surburb overview

Gilles Plains, located approximately 12 kilometres northeast of Adelaide’s central business district, is a thriving suburb in the City of Port Adelaide Enfield. With a population of around 3,800 residents, Gilles Plains has seen significant growth due to recent residential developments and its convenient access to both the city and the surrounding northern suburbs. The suburb is known for its mix of older homes and newer housing estates, making it appealing to a broad demographic.

The population of Gilles Plains is diverse, with a blend of young families, professionals, and retirees. The area is home to a multicultural community, with a significant proportion of residents speaking languages other than English at home. The median age in Gilles Plains is slightly younger than the national average, reflecting its popularity with younger families and first-time homeowners.

Public transportation in Gilles Plains is well-serviced, with several bus routes connecting the suburb to the Adelaide CBD and nearby areas. The suburb’s proximity to major roads such as North East Road allows for easy commuting by car to both the city centre and surrounding areas. Additionally, the O-Bahn busway, accessible from nearby suburbs, provides a quick and efficient public transport option for commuters.

Gilles Plains offers a variety of local amenities, including the Gilles Plains Shopping Centre, which features supermarkets, cafes, and specialty stores. Nearby Tea Tree Plaza provides further retail and entertainment options, making it convenient for residents to access a wide range of services. The suburb is also home to several parks and recreational areas, such as Wandana Reserve, which provides green spaces for outdoor activities and family gatherings.

Education is well catered for in Gilles Plains, with local schools such as Gilles Plains Primary School and Pinnacle College serving the area. The suburb is also close to TAFE SA Gilles Plains, offering further educational opportunities for students and professionals alike. Gilles Plains' combination of modern conveniences, diverse community, and proximity to both Adelaide and surrounding suburbs makes it a desirable location for a wide range of residents.

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