Tea Tree Gully, SA 5091
Compare Part of Tea Tree Gully
16.61 km
Distance from Adelaide CBD
8 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $373,500 | 0.0% | $640 | $3,175,000 | 48 |
| 2010 | $375,000 | +0.4% | $280,000 | $780,000 | 36 |
| 2011 | $370,000 | -1.4% | $270,000 | $935,000 | 36 |
| 2012 | $351,000 | -5.4% | $148,000 | $860,000 | 50 |
| 2013 | $380,000 | +7.6% | $190,000 | $830,000 | 61 |
| 2014 | $382,000 | +0.5% | $242,000 | $1,150,000 | 60 |
| 2015 | $400,000 | +4.5% | $275,000 | $785,000 | 52 |
| 2016 | $415,500 | +3.7% | $275,000 | $860,000 | 31 |
| 2017 | $415,000 | -0.1% | $195,000 | $900,000 | 50 |
| 2018 | $445,000 | +6.7% | $219,000 | $1,005,000 | 50 |
| 2019 | $440,000 | -1.1% | $285,000 | $802,000 | 62 |
| 2020 | $488,000 | +9.8% | $287,000 | $820,000 | 34 |
| 2021 | $556,000 | +12.2% | $380,000 | $1,365,000 | 65 |
| 2022 | $665,000 | +16.4% | $453,000 | $1,610,000 | 64 |
| 2023 | $700,000 | +5.0% | $510,000 | $1,060,000 | 44 |
| 2024 | $800,000 | +12.5% | $600,000 | $2,065,000 | 48 |
Median Sale Price
$800K
Based on 48 recorded sales within the last 12 months
Updated on 28 Dec 2024
Suburb Growth
+12.5%
Current Median Price: $800,000
Previous Median Price: $700,000
Based on 92 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $330 | 0.0% | $255 | $420 | 24 |
| 2012 | $330 | 0.0% | $275 | $500 | 20 |
| 2013 | $350 | +5.7% | $225 | $600 | 35 |
| 2014 | $350 | 0.0% | $265 | $520 | 20 |
| 2015 | $340 | -2.9% | $265 | $600 | 34 |
| 2016 | $350 | +2.9% | $255 | $795 | 32 |
| 2017 | $360 | +2.8% | $300 | $500 | 25 |
| 2018 | $360 | 0.0% | $290 | $480 | 27 |
| 2019 | $360 | 0.0% | $275 | $490 | 21 |
| 2020 | $380 | +5.3% | $300 | $450 | 14 |
| 2021 | $430 | +11.6% | $335 | $520 | 14 |
| 2022 | $450 | +4.4% | $275 | $580 | 14 |
| 2023 | $565 | +20.4% | $410 | $1,050 | 24 |
| 2024 | $560 | -0.9% | $450 | $900 | 30 |
Median Rent Price
$560
per week
Based on 30 recorded rent within the last 12 months
Updated on 28 Dec 2024
Rent Price Growth
-0.9%
Current Median Rent: $560
Previous Median Rent: $565
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $800,000
Current Median rent: $560
Based on 78 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Tea Tree Gully
Houses sold in Last 12 months ends 21 Dec 2024
$720K
Median Sale Price
80%
Clearance Rate
4/5
Sold/Reported
$1.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 1 | |
| $600 K - $800 K (Median Price Range) | 3 | |
Similar Suburbs to Tea Tree Gully 5091
Based on median house sale price sold in last 12 months
Schools closest to Tea Tree Gully, SA 5091
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Tea Tree Gully Primary School | NEALE STREETTea Tree Gully 5091 | Primary | Government | 0.22 km |
| Saint David's Parish School | 40 ELIZABETH STTea Tree Gully 5091 | Primary | Catholic | 0.48 km |
| Banksia Park International High School | MILNE ROADBanksia Park 5091 | Secondary | Government | 0.59 km |
| Lake Windemere B-7 School | Salisbury North 5108 | Primary | Government | 0.81 km |
| St Agnes Primary School | SMART ROADSaint Agnes 5097 | Primary | Government | 1.41 km |
| Ridgehaven Primary School | MILNE ROADRidgehaven 5097 | Primary | Government | 1.61 km |