Greenwith is a well-established suburb in South Australia within the Tea Tree Gully local government area (postcode 5125). With a population of 10,103, the suburb has an established demographic with a median age of 40. Households earn a median income of $104K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Greenwith is $1.1 million, having surged 38.5% over the past year. Units have a median price of $598,000 (+16.1% YoY). The current median weekly rent is $370. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,621.
Greenwith is served by 2 schools, including 2 primary. The average ICSEA score is 1032, which is around the national average of 1,000. Public transport access includes 48 bus stops. The crime rate in the Tea Tree Gully LGA is below average at 2,286 incidents per 100,000 population.
From an investment perspective, Greenwith offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +38.5% year-on-year.
Greenwith is a well-established suburb in South Australia within the Tea Tree Gully local government area (postcode 5125). With a population of 10,103, the suburb has an established demographic with a median age of 40. Households earn a median income of $104K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Greenwith is $1.1 million, having surged 38.5% over the past year. Units have a median price of $598,000 (+16.1% YoY). The current median weekly rent is $370. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,621.
Greenwith is served by 2 schools, including 2 primary. The average ICSEA score is 1032, which is around the national average of 1,000. Public transport access includes 48 bus stops. The crime rate in the Tea Tree Gully LGA is below average at 2,286 incidents per 100,000 population.
From an investment perspective, Greenwith offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +38.5% year-on-year.