Erindale is a small community in South Australia within the Burnside local government area (postcode 5066). With a population of 1,172, the suburb has a mature demographic with a median age of 48. Households earn a median income of $123K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Erindale is $2.0 million, having grown strongly 7.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,392.
Public transport access includes 6 bus stops. The crime rate in the Burnside LGA is below average at 3,242 incidents per 100,000 population.
From an investment perspective, Erindale offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 16.3x is considered stretched. House prices have moved +7.5% year-on-year.
Erindale is a small community in South Australia within the Burnside local government area (postcode 5066). With a population of 1,172, the suburb has a mature demographic with a median age of 48. Households earn a median income of $123K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Erindale is $2.0 million, having grown strongly 7.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,392.
Public transport access includes 6 bus stops. The crime rate in the Burnside LGA is below average at 3,242 incidents per 100,000 population.
From an investment perspective, Erindale offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 16.3x is considered stretched. House prices have moved +7.5% year-on-year.