Overview
|Property ID: LA-11079
Description
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Valley View is a residential suburb located approximately 12 km northeast of Adelaide's city centre. It spans three local government areas: the City of Salisbury, the City of Port Adelaide Enfield, and the City of Tea Tree Gully. The suburb is known for its green spaces and family-friendly environment.
As of the 2021 Census, Valley View had a population of 6,405 residents. The median age is 39 years, with a significant portion of the population aged between 40 and 49. Approximately 79.7% of homes are owner-occupied, and households are primarily composed of couples with children. The predominant occupations are in professional fields.
The property market in Valley View has shown notable growth. The median house price is approximately $776,000, reflecting a 19.23% increase over the past year. Houses typically spend around 42 days on the market.
In the rental sector, houses in Valley View have a median weekly rent of $595, yielding an annual rental return of 4.12%. Units have a median rent of $460 per week, with a rental yield of 4.78%.
Valley View offers a range of amenities, including 14 parks covering nearly 18.4% of its area. The suburb is home to the Thomas Turner Reserve, which features the Valley View Golf Course and various recreational facilities. Residents have convenient access to shopping centres like Westfield Tea Tree Plaza and public transport options provided by Adelaide Metro.
In summary, Valley View combines a family-friendly environment with strong property market performance, making it an attractive option for homeowners and investors alike.
Additional Details
- Property Type: House and Land
- Property Stage: N/A
- Price: $ 788,800.00
- Land Price: $ 480,000.00
- Build Price: $ 308,800.00
- Beds: 3
- Bath: 2
- Garage: 1
- Storey: 1
- Study: N/A
- Power Rooms: N/A
- MPR: N/A
- Powder Room: N/A
- Balcony: N/A
- Floor Plan: 9M BRISTOL 3
- Completion: N/A
- Land Size: 366
- Area Size: 130.10
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 580.00
- Est. Body Corp.: N/A
- Title Status: Registered
- Gross Per Week: $ 580.00
- Gross Per Annum: $ 30,160.00
- Gross Yield: 3.82%
- Capital Growth 12 Months: 9.93%
- Capital Growth 10 Year Annualised: 7.35%
- Vacancy Rate: 0.34%
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