Medindie is a small community in South Australia within the Walkerville local government area (postcode 5081). With a population of 1,175, the suburb has a mature demographic with a median age of 45. Households earn a median income of $195K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Medindie is $3.8 million, having surged 110% over the past year. The current median weekly rent is $862. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,033.
Medindie is served by 1 school, including 1 combined. The average ICSEA score is 1176, which is well above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Walkerville LGA is moderate at 6,638 incidents per 100,000 population.
From an investment perspective, Medindie offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.8M/$950K), placing it in the premium segment. The price-to-income ratio of 19.6x is considered stretched. House prices have moved +110.0% year-on-year.
Medindie is a small community in South Australia within the Walkerville local government area (postcode 5081). With a population of 1,175, the suburb has a mature demographic with a median age of 45. Households earn a median income of $195K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Medindie is $3.8 million, having surged 110% over the past year. The current median weekly rent is $862. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,033.
Medindie is served by 1 school, including 1 combined. The average ICSEA score is 1176, which is well above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Walkerville LGA is moderate at 6,638 incidents per 100,000 population.
From an investment perspective, Medindie offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.8M/$950K), placing it in the premium segment. The price-to-income ratio of 19.6x is considered stretched. House prices have moved +110.0% year-on-year.