Suburb Profile Report for Mile End SA (5031)

Mile End House: Median price $596,000, Annual capital growth 6.17%, Number of sales 52, Weekly median advertised rent $425

Mile End Unit: Median price $414,000, Annual capital growth 4.85%, Number of sales 38, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Mile End, 5031 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.36%

Comparing Mile End,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mile End, 5031. Typically our figures indicate that -9.61% is being offered, which puts this SA suburb at 410th most discounted overall in Australia.

Residents and property investors in Mile End have been waiting around 75.5 days to sell a property.

The SA suburb of Mile End, 5031 is in the West Torrens local government area.

Mile End has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 6.43% to date .

The five-year average increase in median property values for Mile End,5031 has given property investors a potential capital gain of -0.24% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mile End, 5031. Typically our figures indicate that -6.66% is being offered, which puts this SA suburb at 330th most discounted overall in Australia.

Situated 1.87km from the CBD, Mile End is one of West Torrens localities in the postcode 5031.

HOUSE UNIT
$596,000 $414,000
6.43% -0.21%
8.36% 6.43%
6.17% 4.85%
$425 $360
52 38
3.71% 4.52%
75.5 61.61

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4412
Median household income ($/weekly) 1132
Median age of persons 34
Median housing loan repayment ($/monthly) 1800
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 388 8.8
    20-24 years 509 11.5
    25-34 years 831 18.8
    35-44 years 707 16.0
    45-54 years 585 13.3
    Others 1393 31.6
    Age Group
    Census Count Percent(%)
    Not Married 1846 53.2
    Registered Married 1181 34.1
    Defacto Relationship 441 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2802 66.7
    Croatia 164 3.9
    Hong Kong 247 5.9
    United Kingdom 152 3.6
    Other 216 5.1
    Others 620 14.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 148 3.7
    Christianity 2260 56.3
    Islam 174 4.3
    Other Religious Groups 72 1.8
    No Religion 1317 32.8
    Others 46 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 156 9.6
    $400-$599 183 11.2
    $600-$799 152 9.3
    $1,500-$1,999 204 12.5
    $2,000-$2,499 147 9.0
    Others 787 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1338 37.3
    Not in the labour force 1241 34.6
    Employed, worked part-time 718 20.0
    Unemployed, looking for work 149 4.2
    Employed, away from work 141 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 278 12.7
    Professionals 657 29.9
    Technicians & trades workers 255 11.6
    Community & personal service workers 222 10.1
    Clerical & administrative workers 297 13.5
    Others 486 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 53 4.5
    Infants/Primary 286 24.5
    Secondary 207 17.7
    Technical or Further Educational Institution 126 10.8
    University or other Tertiary Institutions 463 39.6
    Others 34 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2636 63.1
    Semi-detached, row or terrace house, townhouse 1045 25.0
    Flat, unit or apartment 498 11.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 810 46.2
    Being purchased 470 26.8
    Fully owned 461 26.3
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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