City of PlayfordEconomic profile
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City of Playford

Rental listings

At June 2018, the City of Playford had a median house rental of $276, $74 lower than the median house rental for South Australia.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2014-2018, Automated Valuation System

Rental listings
City of Playford20182014Change
Housing value (at June)City of PlayfordSouth AustraliaCity of Playford relative to South AustraliaCity of PlayfordSouth AustraliaCity of Playford relative to South Australia2014 to 2018
House--------------
First Quartile$240$290-17.2%$240$270-11.1%0
Median$276$350-21.1%$265$320-17.2%+$11
Third Quartile$310$420-26.2%$290$380-23.7%+$20
Median Rental Yield6.3%4.8%--6.1%4.9%----
Unit--------------
First Quartile$165$260-36.5%$160$245-34.7%+$5
Median$225$300-25.0%$226$280-19.3%-$1
Third Quartile$280$360-22.2%$263$330-20.3%+$17
Median Rental Yield7.0%5.3%--6.5%5.2%----

Source: Hometrack 2014-2018, Automated Valuation System.

Rental listings, 2018
Rental listings, 2018 Third Quartile, South Australia: $360 Median, South Australia: $300 First Quartile, South Australia: $260 Third Quartile, South Australia: $420 Median, South Australia: $350 First Quartile, South Australia: $290 Third Quartile, City of Playford: $280 Median, City of Playford: $225 First Quartile, City of Playford: $165 Third Quartile, City of Playford: $310 Median, City of Playford: $276 First Quartile, City of Playford: $240
Source: Hometrack 2014-2018, Automated Valuation System
Change in rental listings, 2014 to 2018
Change in rental listings, 2014 to 2018 Third Quartile, South Australia: $30 Median, South Australia: $20 First Quartile, South Australia: $15 Third Quartile, South Australia: $40 Median, South Australia: $30 First Quartile, South Australia: $20 Third Quartile, City of Playford: $17 Median, City of Playford: $-1 First Quartile, City of Playford: $5 Third Quartile, City of Playford: $20 Median, City of Playford: $11 First Quartile, City of Playford: $0
Source: Hometrack 2014-2018, Automated Valuation System

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