ERINDALE 5066
State: SAPosiProp AI Investment Summary
ERINDALE (SA 5066) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.4% and has experienced a 12-month capital growth of Up 6.9%, with a median house buy price of $2,000,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,877,000
$1,848,000
$2,000,000
Suburb Market Profile
Last month Erindale had 2 properties available for rent and 4 properties for sale. Median property prices over the last year range from $2,000,000 for houses to $600,000 for units. If you are looking for an investment property, consider houses in Erindale rent out for $775 PW with an annual rental yield of 2.4% and units rent for $540 PW with a rental yield of 4.0%. Erindale has seen an annual compound growth rate of 6.9% for houses and -3.4% for units.