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 Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $787,500 | 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 | $785,000 | +10.8% | $600,000 | $1,070,000 | 14 |
Median Sale Price
$736K
Based on 45 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+10.3%
Current Median Price: $736,000
Previous Median Price: $660,000
Based on 105 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $500 | 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% | $340 | $580 | 14 |
| 2023 | $565 | +20.4% | $410 | $1,050 | 24 |
| 2024 | $599 | +5.7% | $520 | $870 | 6 |
Median Rent Price
$575
per week
Based on 20 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+16.5%
Current Median Rent: $575
Previous Median Rent: $480
Based on 42 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $736,000
Current Median rent: $575
Based on 65 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Tea Tree Gully
Houses sold in Last 12 months ends 13 Apr 2024
$780K
Median Sale Price
34%
Clearance Rate
2/6
Sold/Reported
$780K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 1 | |
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 |