Wynn Vale is a mid-sized suburb in South Australia within the Tea Tree Gully local government area (postcode 5127). With a population of 7,865, the suburb has an established demographic with a median age of 42. Households earn a median income of $90K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Wynn Vale is $897,000, having surged 14% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.2%. 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, Wynn Vale offers a gross rental yield of 3.2%, rated as 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 +14.0% year-on-year.
Wynn Vale is a mid-sized suburb in South Australia within the Tea Tree Gully local government area (postcode 5127). With a population of 7,865, the suburb has an established demographic with a median age of 42. Households earn a median income of $90K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Wynn Vale is $897,000, having surged 14% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.2%. 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, Wynn Vale offers a gross rental yield of 3.2%, rated as 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 +14.0% year-on-year.