Thinking about buying in Medindie Gardens? Now could not be a better time, with just 156 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,624,000 with prices in this suburb ranging from $696,000 to $2,829,000. Medindie Gardens is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $419.67 |
Median Monthly Mortgage | $2009.67 |
Median Persons Per Bedroom | 0.85 |
Average Household Size | 2.50 |
Average Age | 39.83 |
Average Income | $1033.33 |
Average Cars Per Dwelling | 1.78 |
Average Properties Within 50M | 7 |
2 Bed  $986,000 |
3 Bed  $1,202,000 |
4 Bed  $1,851,000 |
5 Bed  $1,846,000 |
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. High average incomes in Medindie Gardens ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Medindie Gardens provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Medindie Gardens to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
42 SHERBOURNE RD, MEDINDIE GARDENS, SA, 5081 | 4 | 2 | 6 | UNDER CONTRACT |
Walkerville Primary School
Wilderness School
Prescott College
St Andrew's School
St Monica's Parish School
Blackfriars Priory School
Nailsworth Primary School
Rosary School
Prospect Primary School
North Adelaide Primary School
(While the above schools are located with the suburb of Medindie Gardens 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 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
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!