Medindie Gardens is a quiet locality in South Australia within the Prospect local government area (postcode 5081). With a population of 352, the suburb has an established demographic with a median age of 43. Households earn a median income of $155K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Greek.

The median house price in Medindie Gardens is $2.0 million, having dropped significantly 14.9% over the past year. The current median weekly rent is $630. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,167.

Public transport access includes 1 bus stop. The crime rate in the Prospect LGA is low at 1,705 incidents per 100,000 population.

From an investment perspective, Medindie Gardens offers a gross rental yield of 1.6%, 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 12.9x is considered stretched. House prices have moved -14.9% year-on-year.