Unley is a smaller suburb in South Australia within the Unley local government area (postcode 5061). With a population of 3,997, the suburb has an established demographic with a median age of 41. Households earn a median income of $106K 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, Scottish.
The median house price in Unley is $2.1 million, having surged 14.4% over the past year. Units have a median price of $738,000 (+7% YoY). The current median weekly rent is $648. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,167.
Unley is served by 2 schools, including 2 primary. The average ICSEA score is 1118, which is well above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Unley LGA is moderate at 7,030 incidents per 100,000 population.
From an investment perspective, Unley offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.1M/$950K), placing it in the premium segment. The price-to-income ratio of 19.8x is considered stretched. House prices have moved +14.4% year-on-year.
Unley is a smaller suburb in South Australia within the Unley local government area (postcode 5061). With a population of 3,997, the suburb has an established demographic with a median age of 41. Households earn a median income of $106K 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, Scottish.
The median house price in Unley is $2.1 million, having surged 14.4% over the past year. Units have a median price of $738,000 (+7% YoY). The current median weekly rent is $648. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,167.
Unley is served by 2 schools, including 2 primary. The average ICSEA score is 1118, which is well above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Unley LGA is moderate at 7,030 incidents per 100,000 population.
From an investment perspective, Unley offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.1M/$950K), placing it in the premium segment. The price-to-income ratio of 19.8x is considered stretched. House prices have moved +14.4% year-on-year.