Suburb Profile Report for Gilles Plains SA (5086)

Gilles Plains House: Median price $381,000, Annual capital growth 4.64%, Number of sales 69, Weekly median advertised rent $340

Gilles Plains Unit: Median price $325,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $291

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

Source: CoreLogic

  • House Report
  • Unit Report

Gilles Plains has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.60% to date .

If we look at median property appreciation over just the last three months, Gilles Plains has given property investors a paper return of -1.04%. This puts Suburb as 326 on a list of fastest fasting appreciating suburbs in SA

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Gilles Plains itself are offering an average vendor discount of -6.52% to real estate investors.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.64%, investors should hope to achieve an overall return of 4.64%

Property buyers and investors in Gilles Plains 5086 should be seeing an average reduction in asking price of around -4.45% . This means that Gilles Plains is holding prices well when compared to other suburbs in SA.

Often selling an investment property can take time, and in Gilles Plains the average time real estate has been on the market is 69.78 days.

Gilles Plains, 5086’s gross rental yield is 4.66%

Metrics i HOUSE UNIT
$381,000 $325,000
-1.04% N/A
1.60% N/A
4.64% N/A
$340 $291
69 12
4.64% 4.66%
84.14 69.78

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3338
Median household income ($/weekly) 897
Median age of persons 35
Median housing loan repayment ($/monthly) 1400
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 408 12.2
    25-34 years 559 16.7
    35-44 years 462 13.8
    45-54 years 383 11.5
    55-64 years 377 11.3
    Others 1150 34.4
    Age Group
    Census Count Percent(%)
    Not Married 1227 48.8
    Registered Married 1104 43.9
    Defacto Relationship 182 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2109 66.1
    Croatia 84 2.6
    Indonesia 126 3.9
    United Kingdom 193 6.0
    Other 266 8.3
    Others 414 13.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1730 56.7
    Hinduism 77 2.5
    Islam 335 11.0
    Other Religious Groups 80 2.6
    No Religion 754 24.7
    Others 76 2.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 136 11.6
    $400-$599 164 13.9
    $800-$999 141 12.0
    $1,000-$1,249 136 11.6
    $1,500-$1,999 145 12.3
    Others 454 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1149 44.4
    Employed, worked full-time 789 30.5
    Employed, worked part-time 445 17.2
    Unemployed, looking for work 104 4.0
    Employed, away from work 100 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 225 16.9
    Technicians & trades workers 201 15.1
    Community & personal service workers 164 12.3
    Clerical & administrative workers 219 16.5
    Labourers 170 12.8
    Others 352 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 54 7.1
    Infants/Primary 273 35.7
    Secondary 166 21.7
    Technical or Further Educational Institution 91 11.9
    University or other Tertiary Institutions 141 18.4
    Others 40 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2762 86.7
    Semi-detached, row or terrace house, townhouse 266 8.3
    Flat, unit or apartment 158 5.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 541 42.7
    Being purchased 415 32.8
    Fully owned 301 23.8
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
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