Waterfall Gully is a quiet locality in South Australia within the Burnside local government area (postcode 5066). With a population of 161, the suburb has an established demographic with a median age of 40. Households earn a median income of $187K per year, with an average household size of 3.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Waterfall Gully is $1.9 million, having remained flat 0% over the past year. The median weekly rent is $468 (Census 2021). This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $3,250.
The crime rate in the Burnside LGA is below average at 2,484 incidents per 100,000 population.
From an investment perspective, Waterfall Gully offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +0.0% year-on-year.
Waterfall Gully is a quiet locality in South Australia within the Burnside local government area (postcode 5066). With a population of 161, the suburb has an established demographic with a median age of 40. Households earn a median income of $187K per year, with an average household size of 3.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Waterfall Gully is $1.9 million, having remained flat 0% over the past year. The median weekly rent is $468 (Census 2021). This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $3,250.
The crime rate in the Burnside LGA is below average at 2,484 incidents per 100,000 population.
From an investment perspective, Waterfall Gully offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +0.0% year-on-year.