City of Tea Tree GullyEconomic profile
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City of Tea Tree Gully

Housing prices

At June 2016, the median house valuation in the City of Tea Tree Gully was $9,499 higher compared to South Australia.

This indicator shows the value of houses and units in the City of Tea Tree Gully and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses South Australia: $394,434 South Australia: $381,051 South Australia: $368,714 South Australia: $355,667 South Australia: $341,851 South Australia: $351,724 South Australia: $363,924 Greater Adelaide: $459,581 Greater Adelaide: $439,503 Greater Adelaide: $423,801 Greater Adelaide: $407,805 Greater Adelaide: $389,574 Greater Adelaide: $398,493 Greater Adelaide: $412,790 City of Tea Tree Gully: $401,934 City of Tea Tree Gully: $391,315 City of Tea Tree Gully: $370,883 City of Tea Tree Gully: $365,166 City of Tea Tree Gully: $353,084 City of Tea Tree Gully: $354,668 City of Tea Tree Gully: $367,739
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units South Australia: $319,714 South Australia: $313,719 South Australia: $299,508 South Australia: $290,932 South Australia: $281,656 South Australia: $291,879 South Australia: $304,796 Greater Adelaide: $327,021 Greater Adelaide: $319,826 Greater Adelaide: $307,637 Greater Adelaide: $299,766 Greater Adelaide: $290,471 Greater Adelaide: $300,040 Greater Adelaide: $311,631 City of Tea Tree Gully: $298,527 City of Tea Tree Gully: $280,138 City of Tea Tree Gully: $278,351 City of Tea Tree Gully: $281,751 City of Tea Tree Gully: $260,798 City of Tea Tree Gully: $282,128 City of Tea Tree Gully: $281,156
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)City of Tea Tree GullyGreater AdelaideSouth AustraliaCity of Tea Tree GullyGreater AdelaideSouth Australia
2011$367,739$412,790$363,924$281,156$311,631$304,796
2012$354,668$398,493$351,724$282,128$300,040$291,879
2013$353,084$389,574$341,851$260,798$290,471$281,656
2014$365,166$407,805$355,667$281,751$299,766$290,932
2015$370,883$423,801$368,714$278,351$307,637$299,508
2016$391,315$439,503$381,051$280,138$319,826$313,719
2017$401,934$459,581$394,434$298,527$327,021$319,714

Source: Hometrack 2011-2016, Housing Valuation System.

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