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Trinity Gardens, SA 5068

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 Trinity Gardens, SA 5068 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

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Rent 

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Yield 

2BR

3BR

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5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

1BR

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Trinity Gardens, SA 5068”

  1. The total adult population (15 years or older) of Trinity Gardens 5068 SA is 1,043, with a median age of 40. Of those, 52.06% are married, 9.20% are divorced or separated, 33.65% are single and 5.85% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $10,556. The median monthly mortgage repayment for households in this suburb is $2,184 which is 20.69% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in South Australia, the suburb of TRINITY GARDENS 5068 is home to around 625 households. As we move into Q3 of 2023, the property market landscape of the area presents a unique profile aided by varied metrics.

    The typical price for houses in TRINITY GARDENS is $1,303,610, and with a median weekly rent standing at $495, this leads to an indicative yield of 1.97%. While this yield lags behind the 3% benchmark often favoured by cashflow-centred property investors, it’s important to consider this figure in conjunction with other metrics to contextualise its impact.

    Socio-economically, TRINITY GARDENS holds an impressive IRSAD score of 1067 out of 1217 – a statistic that points towards a potentially affluent population with a healthy influx of resources.

    The renter to owner ratio in the suburb is 26%, which is comfortably below the 30% threshold. This suggests a balanced property market potentially leaning towards more stability and return on investment in comparison to those with higher proportions of renters.

    The proportion of units to houses in the market, another critical determinant of a property market’s viability, stands at 21%. This is highly commendable as it suggests less competition among landlords for tenants and a generally more family-friendly environment which often spells longer tenancy periods and better yields.

    However, with an Affordability Index standing at 48 years, TRINITY GARDENS sees itself on the more expensive end of the spectrum in terms of the estimated duration required for homeownership. This could be reflective of the high property prices in the area and present a potential hurdle for first-time buyers or those on the hunt for inexpensive investment opportunities.

    Despite its high costs, TRINITY GARDENS holds appealing figures when it comes to supply with a stock on market Percentage for houses at 0.22% and an inventory level standing at just 0.75 months. This suggests a low supply which could, in turn, fuel demand and keep price trends upwardly mobile.

    Taking it a step further, the building approvals Ratio for houses mirrors this pattern at 2.24%. Despite being slightly above the ideal range, it doesn’t significantly tip the balance towards an oversupply that could hurt property values.

    The suburb impressively sees houses stay on the market for an average of just 17 days before being snapped up. This coupled with a vacancy rate of only 0.61%, underscores a high-demand market in TRINITY GARDENS.

    Its appeal among potential buyers is further evidenced by a buy search index for houses of 8 – a figure well ahead of the state average and indicative of a strong desirability for properties in TRINITY GARDENS.

    While it’s always wise to monitor market trends vigilantly, the housing market in TRINITY GARDENS, as of Q3 2023, seems to be offering unique investment prospects, even with a yield below the 3% preference mark and a high Affordability Index. Treading cautiously and staying equipped with timely market data can help unlock the potential it holds.

    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.

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