Wynn Vale (postcode 5127) is a moderately sized suburb in South Australia within the Tea Tree Gully local government area. It is home to about 7,865 residents, with an established family demographic and a median age of 42. Households earn a median income of $90K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Wynn Vale has a median house price of $897,000, which has posted strong gains by 7.1% year-on-year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,517.
Wynn Vale is served by 5 schools, including 4 primary, 1 combined. The average ICSEA score is 1049, which is around the national average of 1,000. Public transport access includes 39 bus stops. The crime rate in the Tea Tree Gully LGA is low at 1,742 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.4% (moderate yield). Property prices are near the state median ($897K/$950K). The price-to-income ratio of 10.0x is considered moderate. House prices have moved +7.1% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.