Fraud Blocker

Mylor, SA 5153

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Mylor, SA 5153 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Mylor, SA 5153”

  1. The total adult population (15 years or older) of Mylor 5153 SA is 904, with a median age of 47. Of those, 53.65% are married, 9.85% are divorced or separated, 33.85% are single and 2.65% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $9,796. The median monthly mortgage repayment for households in this suburb is $1,972 which is 20.13% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the state of South Australia, MYLOR 5153 is a quiet suburban pocket home to an estimated 514 households. As we venture into the third quarter of 2023, the housing market here presents quality real estate opportunities. The typical house price currently stands at $1,192,244 with a median weekly rent of $571. This translates to an indicative yield of approximately 2.49%, just shy of the attractive market minimum of 3%, which property investors targeting cash flow centred investments might still find worth considering.

    The suburb has a healthy IRSAD score of 1070 out of 1217, pointing towards a better socio-economic status for the population in MYLOR. The lower renter to owner ratio at 8% below the national average signals a market that’s not oversaturated with rental properties, offering potentially higher long-term returns and reduced risk of high competition among property investors.

    The unit to house ratio of 0% elucidates a desirable scenario with no oversupply of units, leading to lesser competition among landlords for tenants. It also signals that the area generally attracts families who tend to have longer tenancy periods.

    In terms of affordability, the index is at 48 years, slightly skewed towards the higher end; this could indicate a decrease in affordability in the area with increased typical property prices.

    Supply metrics reveal a favourable low stock on market percentage of 0.19% and inventory level of 1.0 months indicating a balanced supply-demand dynamic. The building approvals ratio sits comfortably at net 0.58%, showcasing a modest supply of new dwellings.

    MYLOR also proves to be a popular choice among buyers, with houses spending an average of just 19 days on the market, indicating strong demand. The combined vacancy rate for houses and units is a balanced 2.56% suggesting neutral demand. The buy search index at 4 falls within the acceptable range for demand showing that there is some interest among potential buyers in MYLOR.

    Whilst there are some metrics such as yield and affordability that might raise investor eyebrows, majority of other vital market metrics present in MYLOR indicate considerable potential in the long term. Considering all factors, MYLOR might be indeed a worth-watching suburb in your real estate investment journey in Australia, particularly for those with a long-term view and are less concerned about immediate yield and higher property prices.

    As always, coupling these insights with HtAG Analytics’ Relative Composite Score that uses over 80 metrics can provide an even more comprehensive overview of the property market potential in MYLOR 5153.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment