Dover Gardens is a smaller suburb in South Australia within the Marion local government area (postcode 5048). With a population of 3,062, the suburb has an established demographic with a median age of 39. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Dover Gardens is $1.0 million, having surged 13% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,733.
Public transport access includes 17 bus stops. The crime rate in the Marion LGA is below average at 3,037 incidents per 100,000 population.
From an investment perspective, Dover Gardens offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 14.1x is considered stretched. House prices have moved +13.0% year-on-year.
Dover Gardens is a smaller suburb in South Australia within the Marion local government area (postcode 5048). With a population of 3,062, the suburb has an established demographic with a median age of 39. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Dover Gardens is $1.0 million, having surged 13% over the past year. The current median weekly rent is $680. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,733.
Public transport access includes 17 bus stops. The crime rate in the Marion LGA is below average at 3,037 incidents per 100,000 population.
From an investment perspective, Dover Gardens offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 14.1x is considered stretched. House prices have moved +13.0% year-on-year.