Eden Hills is a smaller suburb in South Australia within the Mitcham local government area (postcode 5050). With a population of 3,020, the suburb has an established demographic with a median age of 43. Households earn a median income of $107K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Eden Hills is $1.2 million, having surged 20.2% over the past year. The current median weekly rent is $678. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,842.
Eden Hills is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Mitcham LGA is below average at 2,914 incidents per 100,000 population.
From an investment perspective, Eden Hills offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +20.2% year-on-year.
Eden Hills is a smaller suburb in South Australia within the Mitcham local government area (postcode 5050). With a population of 3,020, the suburb has an established demographic with a median age of 43. Households earn a median income of $107K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Eden Hills is $1.2 million, having surged 20.2% over the past year. The current median weekly rent is $678. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,842.
Eden Hills is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Mitcham LGA is below average at 2,914 incidents per 100,000 population.
From an investment perspective, Eden Hills offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +20.2% year-on-year.