Nailsworth is a smaller suburb in South Australia within the Prospect local government area (postcode 5083). With a population of 2,235, the suburb has an established demographic with a median age of 39. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Nailsworth is $1.4 million, having risen modestly 1.4% over the past year. Units have a median price of $490,000 (+7.7% YoY). The current median weekly rent is $546. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,995.
Nailsworth is served by 1 school, including 1 primary. The average ICSEA score is 1106, which is well above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Prospect LGA is moderate at 4,564 incidents per 100,000 population.
From an investment perspective, Nailsworth offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +1.4% year-on-year.
Nailsworth is a smaller suburb in South Australia within the Prospect local government area (postcode 5083). With a population of 2,235, the suburb has an established demographic with a median age of 39. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Nailsworth is $1.4 million, having risen modestly 1.4% over the past year. Units have a median price of $490,000 (+7.7% YoY). The current median weekly rent is $546. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,995.
Nailsworth is served by 1 school, including 1 primary. The average ICSEA score is 1106, which is well above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Prospect LGA is moderate at 4,564 incidents per 100,000 population.
From an investment perspective, Nailsworth offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +1.4% year-on-year.