Thinking about buying in Tea Tree Gully? Now could not be a better time, with 4328 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $572,000 with prices in this suburb ranging from $217,000 to $1,578,000. The aproximate distance to the coast is 10 Km.
Median Weekly Rent | $317.50 |
Median Monthly Mortgage | $1250.00 |
Median Persons Per Bedroom | 0.75 |
Average Household Size | 1.88 |
Average Age | 44.88 |
Average Income | $682.00 |
Average Cars Per Dwelling | 1.48 |
Average Properties Within 50M | 41 |
1 Bed  $476,000 |
2 Bed  $371,000 |
3 Bed  $633,000 |
4 Bed  $757,000 |
5 Bed  $890,000 |
6 Bed+$618,000 |
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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Tea Tree Gully due to other areas being out of the price range and the trend to working from home, "gentrification" may incease 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. Medium density in Tea Tree Gully necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
UNIT 14, 26 CROZIER AV, MODBURY, SA, 5092 | 2 | 1 | 1 | Please Call | |
22 CASTLE ST, MODBURY, SA, 5092 | 4 | 2 | 1 | Please Call | |
10 FAULKNER ST, MODBURY, SA, 5092 | 3 | 1 | 2 | 699000 |
Modbury High School
Modbury West School
Good Shepherd Lutheran School
Modbury School Preschool to Year 7
Modbury South Primary School
Modbury Special School
Ardtornish Primary School
Prescott Primary School
Northern
Para Vista Primary School
Torrens Valley Christian School
(While the above schools are located with the suburb of Tea Tree Gully there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 16.9 | 31.8 | 24.7 | 71.8 | 4.7 | 27.5 |
Feb | 0.9 | 16.6 | 30.2 | 29.9 | 74.9 | 4.4 | 23.4 |
Mar | 0.9 | 14.3 | 27.2 | 33.0 | 80.0 | 4.1 | 18.8 |
Apr | 1.1 | 11.6 | 24.1 | 36.7 | 84.3 | 3.6 | 14.5 |
May | 1.6 | 9.1 | 19.4 | 48.5 | 90.8 | 3.6 | 9.7 |
Jun | 1.7 | 6.7 | 16.4 | 56.8 | 92.9 | 3.6 | 8.8 |
Jul | 1.7 | 6.2 | 15.9 | 55.3 | 94.7 | 4 | 9.0 |
Aug | 1.4 | 6.1 | 16.7 | 52.4 | 94.1 | 4 | 11.6 |
Sept | 1.5 | 8.5 | 20.2 | 41.8 | 89.5 | 4.6 | 16.5 |
Oct | 0.7 | 10.6 | 24.2 | 32.4 | 84.1 | 4.5 | 22.6 |
Nov | 0.4 | 12.3 | 26.4 | 28.9 | 80.6 | 4.5 | 27.0 |
Dec | 0.7 | 15.0 | 29.5 | 26.3 | 75.6 | 4.8 | 28.0 |
source: Australian Government Bureau of Meteorology
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