Fraud Blocker

Medindie, SA 5081

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 Medindie, SA 5081 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan 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 “Medindie, SA 5081”

  1. The total adult population (15 years or older) of Medindie 5081 SA is 968, with a median age of 45. Of those, 58.26% are married, 6.82% are divorced or separated, 31.10% are single and 4.03% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $18,656. The median monthly mortgage repayment for households in this suburb is $3,033 which is 16.26% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within South Australia lies the suburb of Medindie 5081, which houses an estimated 472 households. As we trek into the third quarter of 2023, the prevailing typical prices for houses in Medindie register a towering $2,678,240. With the median weekly rent sitting at $1,038, this translates to an indicative yield of 2.02%, albeit below the 3% attractive market requirement for cashflow-centered property investors.

    The socio-economic score for Medindie is recorded at an impressive 1148 out of 1217, painting a vibrant socio-economic landscape enriched by instances of high income and access to economic resources. We also observe that the renter to owner ratio stacks at a mere 11%. Indeed, this is an attractive figure, indicating that the locale is not overly saturated with rental properties, reducing competition for investors and enhancing the overall appeal of the neighbourhood.

    In addition, Medindie brings to light a unit to house ratio of 6%. This showcases the dominantly low proportion of units to houses, indicating less competition for tenants among landlords and reinforcing higher rental yields. Whilst property market with an oversupply of units may be at risk of price drops, this is hardly the case in Medindie.

    However, an aspect that demands attention in Medindie’s property landscape is its Affordability Index. It sits at a prickly 56 years. Although this index takes into account variables like current interest rates, median family income, and typical property prices, the fact that it exceeds the standard 30-year mortgage period hints at decreased affordability for the average resident and is a factor worth noting.

    On the supply side, Medindie showcases a rather favourable situation with a stock on market Percentage of a low 0.23% for houses, indicating a tight market. Further reinforcing these positive supply-side features, the inventory level for houses is at a mere 0.67 months – showcasing a market that effectively absorbs new listings.

    The building approvals Ratio in Medindie, however, is on a slightly higher end at 1.35%. This is not necessarily a cause for concern as it is still below the 2% threshold that may indicate an increased supply leading to unfavourable conditions.

    The average number of days houses stay on the ‘for sale’ market in Medindie is recorded at 39 days, suggesting a moderate demand. Nonetheless, there may be room for improvement, given that anything under 35 days is considered high demand.

    Unfortunately, the vacancy rate in Medindie seems discouragingly high, with a rate of 6.0% (combined houses and units). This indicates a more challenging rental market, as high vacancy rates often signal a surplus of empty property, leading to less pressure on rent prices.

    Lastly, the buy search index for houses sits at 3, pointing to a neutral demand; it is neither significantly high nor exceedingly low.

    All in all, despite some challenges, the combination of a majority of favourable metrics creates an appealing narrative for those considering investing in the Medindie property market. Utilising advanced tools such as the RCS (Relative Composite Score) metric by HtAG Analytics can further simplify the task of navigating the layers of market data and trends, allowing for a more comprehensive analysis of Medindie’s property terrain.

    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