Maylands is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5069). With a population of 1,508, the suburb has an established demographic with a median age of 41. Households earn a median income of $95K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Maylands is $1.6 million, having increased 3.2% over the past year. The current median weekly rent is $762. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is moderate at 4,443 incidents per 100,000 population.
From an investment perspective, Maylands offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 16.8x is considered stretched. House prices have moved +3.2% year-on-year.
Maylands is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5069). With a population of 1,508, the suburb has an established demographic with a median age of 41. Households earn a median income of $95K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Maylands is $1.6 million, having increased 3.2% over the past year. The current median weekly rent is $762. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is moderate at 4,443 incidents per 100,000 population.
From an investment perspective, Maylands offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 16.8x is considered stretched. House prices have moved +3.2% year-on-year.