Mortgage Choice - David Hodge - Home Loan Specialists and Mortgage Brokers in Gawler East
Mortgage Choice - David Hodge - Home Loan Specialists and Mortgage Brokers in Gawler East
To arrange an appointment call David on 0400 992 601 - or email David Here:
Learn about the Macro and Local Property Market Trends here:
National property maket - Update (April 2023) by clicking this link National Property Market
Sth Australian Property Update (April 2023) by clicking this link SA Property Market Update
Gawler & Gawler East property markets
Currently, Gawler has only 1 property available for rent and 1 property for sale. If you are looking for an investment property, consider houses in Gawler rent out for $375 PW with an annual rental yield of 3.8%.
Currently, Gawler East has 10 properties available for rent and 26 properties for sale. Median property prices over the last year range from $546,500 for houses to $335,000 for units. If you are looking for an investment property, consider houses in Gawler East rent out for $440 PW with an annual rental yield of 4.8% and units rent for $320 PW with a rental yield of 5.3%. Based on five years of sales, Gawler East has seen a compound growth rate of 21.4% for houses and 14.5% for units.
If you're thinking about buying an investment property in Gawler East, consider that rental yields for houses are currently 4.88 with an average median rent of 442 weekly. Houses have seen -0.11 growth in the past quarter, and 4.44 growth in the past 12 months.
The size of Gawler East is approximately 5.8 square kilometres. It has 19 parks covering nearly 4.7% of total area. The population of Gawler East in 2011 was 4,740 people. By 2016 the population was 5,341 showing a population growth of 12.7% in the area during that time. The predominant age group in Gawler East is 50-59 years.
Households in Gawler East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gawler East work in a professional occupation. In 2011, 77.5% of the homes in Gawler East were owner-occupied compared with 72.9% in 2016.
| Key Market Data | House | Unit |
| Median price | 470,000 | 290,000 |
| Quarterly growth | -0.11 | 0.00 |
| 12-month growth | +4.44 | +6.42 |
| Average annual growth | +5.48 | +6.52 |
| Weekly median rent | 442 | 310 |
| Gross rental yield | 4.88 | 5.75 |
| Number of Sales (12m) | 113 | 11 |
| Avg. Days on Market (12m) | 24 | 20 |
| Key Demographics | 2011 | 2016 |
| Total population | 4,740 | 5,341 |
| Population change (5y) | -1.09 | +12.70 |
| Median household income (p/w) | 1,173 | 1,330 |
| Household income change (5y) | +8.71 | +13.38 |
| Median age of persons | 44 | 45 |
To arrange an appointment call David on 0400 992 601 - or email David Here:
Start your home loan journey today
Calculate your borrowing power
Before you start shopping around for a home or investment property, it’s a good idea to learn what your borrowing power is. In other words, how much you can afford to borrow.
Watch our short video to learn more.
If you would like to try our home loan calculators to get an approximate borrowing capacity, click the link below and follow the steps. If you have any questions, please don't hesitate to get in touch with our team.
Find out how much you can borrow!
Learn more about the home loan process
If you would like to do some of your own research first, make sure you check out our home loan resources below!
To arrange an appointment call David on 0400 992 601 - or email David Here:
We can also help you with
- Home Purchases
- Investment Property loans
- Holiday Homes
- Debt Consolidation
- Home Loan Refiancing
- Debt Restructuring
- SMSF (Self Managed Super Fund) Lending
- Asset Finance
- Car Loans
- Personal Loan
- Small Business Lending
- New Home and Construction Lending
