Mile End, SA 5031: Suburb Profile & Property Report

Market Report

House report
Unit Report

Mile End has 51 houses available for sale. The median property price for a house is currently $1,046,500 with annual capital growth of 23.12% . There were 56 house sales in the past 12 months. On average, houses spend 40 days on market.

If you're thinking about buying an investment property in Mile End, consider that rental yields for houses are currently 3.31% with an average median rent of $620 weekly. Houses have seen 15.96% growth in the past quarter, and 23.12% growth in the past 12 months.

The size of Mile End is approximately 1.8 square kilometres. It has 4 parks covering nearly 1.3% of total area. The population of Mile End in 2011 was 4,412 people. By 2016 the population was 4,447 showing a population growth of 0.8% in the area during that time. The predominant age group in Mile End is 20-29 years.

Households in Mile End are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mile End work in a professional occupation. In 2011, 51.9% of the homes in Mile End were owner-occupied compared with 51.3% in 2016.

Mile End has 20 units available for sale. The median property price for a unit is currently $659,500 with annual capital growth of 11.69% . There were 26 unit sales in the past 12 months. On average, units spend 24 days on market.

If you're thinking about buying an investment property in Mile End, consider that rental yields for units are currently 4.55% with an average median rent of $515 weekly. Units have seen 4.35% growth in the past quarter, and 11.69% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,046,500	$659,500
Quarterly growth	+15.96%	+4.35%
12-month growth	+23.12%	+11.69%
Average annual growth	+11.58%	+9.39%
Weekly median rent	$620	$515
Gross rental yield	3.31%	4.55%
Number of Sales (12m)	56	26
Avg. Days on Market (12m)	40	24

Jump to Market Trends

Key Demographics	2011	2016
Total population	4,412	4,447
Population change (5y)	+12.61%	+0.80%
Median household income (p/w)	$1,127	$1,336
Household income change (5y)	+21.57%	+18.54%
Median age of persons	34	36

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Mile End is $1,046,500 for houses and $659,500 for units.

The Median Growth in Mile End over the past 12 months is 23.12% for houses and 11.69% for units.

Over the past 12 months there were 56 houses sold and 26 units sold in Mile End. On average, houses spent 40 days on market and units spent 24 days on market.

In the past 12 months up to August 2024 there were 56 houses sold and 26 units sold in Mile End. On average, houses spent 40 days on market and units spent 24 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Mile End is $620 for houses and $515 for units.

The Rental Yield in Mile End is 3.31% for houses and 4.55% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Mile End was 4,447 in 2016, a +0.80% change compared to 2011.

The predominant age group in Mile End is 20-29 years.

The population of Mile End was 4,447 in 2016, a +0.80% change compared to 2011.

The predominant age group in Mile End is 20-29 years.

Most of the population in Mile End were born in Australia.

Most of the population in Mile End report their religion as No Religion.

Most of the population in Mile End report their income range as between $78,000 and $130,000 .

The median household income in Mile End was $1,336 in 2016, a +18.54% change compared to 2011.

Most of the population in Mile End report their income range as between $78,000 and $130,000 .

The median household income in Mile End was $1,127 in 2011, a +21.57% change compared to 2006.

Most of the population in Mile End work as Professional.

The chart below demonstrates the various levels of education in Mile End.

Most of the population in Mile End reached a qualification level of Bachelor.

2011 2016

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