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Five Miles
SA, 5238 - Mid Murray

Thinking about buying in Five Miles? Now could not be a better time, with just 35 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $467,000 with prices in this suburb ranging from $381,000 to $692,000. The aproximate distance to the coast is 76 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Five Miles Real Estate Market Outlook

In Five Miles there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Five Miles is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Five Miles leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Five Miles necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Five Miles the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Five Miles

Elders 768 east front rd, five miles, sa, 5238 Beds3 Bathrooms1 Parking 4

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Five Miles there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Five Miles weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.414.430.826.684.65.427.0
Feb1.214.229.131.787.35.022.0
Mar0.411.927.031.689.44.518.4
Apr0.89.523.436.590.24.013.9
May1.27.119.245.392.63.910.2
Jun1.15.016.351.795.03.88.8
Jul1.44.916.052.794.34.59.2
Aug1.24.416.645.794.04.512.0
Sept1.15.920.735.193.44.716.7
Oct0.77.723.830.190.64.721.2
Nov0.69.926.226.187.75.125.1
Dec0.912.828.826.785.05.427.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Pellaring FlatFrahnsRocky PointMannumCowirraBoltoYounghusbandPort MannumPunthariPonde

Public Transport


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