City of Tea Tree GullyEconomic profile
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City of Tea Tree Gully

Housing prices

At June 2018, the median house valuation in the City of Tea Tree Gully was $9,897 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 2014-2018. 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: $355,667 South Australia: $368,714 South Australia: $381,181 South Australia: $394,827 South Australia: $401,710 Greater Adelaide: $407,805 Greater Adelaide: $423,801 Greater Adelaide: $439,503 Greater Adelaide: $459,520 Greater Adelaide: $469,099 City of Tea Tree Gully: $364,419 City of Tea Tree Gully: $369,911 City of Tea Tree Gully: $391,315 City of Tea Tree Gully: $400,703 City of Tea Tree Gully: $411,607
Source: Hometrack 2014-2018, Housing Valuation System
Value of units
Value of units South Australia: $290,932 South Australia: $299,508 South Australia: $305,996 South Australia: $313,102 South Australia: $312,783 Greater Adelaide: $299,766 Greater Adelaide: $307,637 Greater Adelaide: $319,826 Greater Adelaide: $321,558 Greater Adelaide: $324,720 City of Tea Tree Gully: $281,551 City of Tea Tree Gully: $276,301 City of Tea Tree Gully: $280,138 City of Tea Tree Gully: $292,027 City of Tea Tree Gully: $285,941
Source: Hometrack 2014-2018, Housing Valuation System
Median housing value
HousesUnits
Year (at June)City of Tea Tree GullyGreater AdelaideSouth AustraliaCity of Tea Tree GullyGreater AdelaideSouth Australia
2018$411,607$469,099$401,710$285,941$324,720$312,783
2017$400,703$459,520$394,827$292,027$321,558$313,102
2016$391,315$439,503$381,181$280,138$319,826$305,996
2015$369,911$423,801$368,714$276,301$307,637$299,508
2014$364,419$407,805$355,667$281,551$299,766$290,932

Source: Hometrack 2014-2018, Housing Valuation System.

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