All About Tea Tree Gully, SA, 5091

Tea Tree Gully, situated in the northeastern suburbs of Adelaide, South Australia, has a dynamic housing market characterized by a blend of historical charm and modern development. The area offers a diverse range of housing options, from classic Australian cottages to contemporary family homes, making it attractive to a wide array of buyers, including young families, professionals, and retirees. In recent years, the housing market has experienced steady growth, largely driven by its appealing suburban lifestyle combined with close proximity to the Adelaide CBD, which is just about a 30-minute drive. The suburb’s picturesque surroundings, bordered by rolling hills and lush green spaces, contribute to a higher demand for properties as residents seek a serene environment with the convenience of urban amenities. As a result, the real estate market in Tea Tree Gully has seen a consistent appreciation, reflecting the suburb’s continued popularity.

Living in Tea Tree Gully offers a unique blend of tranquility and vibrancy, making it an ideal location for those looking to enjoy a balanced lifestyle. The area is known for its excellent community amenities, including quality schools, shopping centers like Tea Tree Plaza, and recreational facilities such as the Anstey Hill Recreation Park and Modbury Sports and Community Club. These amenities provide residents with ample opportunities for leisure and community involvement. The suburb’s rich history is celebrated through various cultural events and local attractions, such as the Tea Tree Gully Heritage Museum, which adds a profound sense of community and identity to the area. Public transport is well-serviced, with bus routes connecting Tea Tree Gully to the city, allowing for convenient commuting options. Overall, the suburb’s combination of natural beauty, historical significance, and modern facilities make it a sought-after location for those seeking a high quality of life in a welcoming community.

Tea Tree Gully Real Estate Market Outlook

Thinking about buying in Tea Tree Gully? Now could not be a better time, with 2056 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $682,000 with prices in this suburb ranging from $290,000 to $2,280,000. The aproximate distance to the coast is 14 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Tea Tree Gully are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Tea Tree Gully classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Tea Tree Gully requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!