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Eight Mile Creek (SA) is a suburb in District Council of Grant, Australia with 154 residents. The median house price is $382K with a rental yield of 6.3%. Our analysis rates Eight Mile Creek (SA) with a suburb score of 80/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
80
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Eight Mile Creek (SA) has a suburb score of 80/100 for investment timing, placing it among the top-performing suburbs in District Council of Grant for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Eight Mile Creek (SA) as a priority suburb.
Eight Mile Creek (SA)'s capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Eight Mile Creek (SA) include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Eight Mile Creek (SA) has outperformed many suburbs in District Council of Grant for property value appreciation.
Eight Mile Creek (SA) is located within District Council of Grant Local Government Area in Australia. District Council of Grant encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Eight Mile Creek (SA) is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Eight Mile Creek (SA) is $382K based on recent sales data. At this price point, Eight Mile Creek (SA) offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Eight Mile Creek (SA) has an average rental yield of 6.3%, which is above the national average, making it attractive for investors prioritizing cash flow and rental income. High-yield suburbs like Eight Mile Creek (SA) can provide positive cash flow from day one, offsetting holding costs and mortgage payments.
Eight Mile Creek (SA) has a population of approximately 154 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Eight Mile Creek (SA) is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Eight Mile Creek (SA)'s suburb score of 80/100 can be compared against other suburbs in District Council of Grant to identify relative investment value. With a score above 80, Eight Mile Creek (SA) ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in District Council of Grant using our platform to find the best investment opportunities.
