24 Fernilee Avenue

Tea Tree Gully SA 5091

The size of Tea Tree Gully is approximately 4.3 square kilometres. It has 11 parks covering nearly 39.4% of total area. The population of Tea Tree Gully in 2011 was 3,124 people. By 2016 the population was 3,253 showing a population growth of 4.1% in the area during that time. The predominant age group in Tea Tree Gully is 40-49 years. Households in Tea Tree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tea Tree Gully work in a professional occupation. In 2011, 84.1% of the homes in Tea Tree Gully were owner-occupied compared with 81.9% in 2016.

Tea Tree Gully has 1,699 properties. Over the last 5 years, Houses in Tea Tree Gully have seen a 85.24% increase in median value, while Units have seen a 103.87% increase. As at 31 October 2024:

• The median value for Houses in Tea Tree Gully is $796,629 while the median value for Units is $536,469.
• Houses have a median rent of $560 while Units have a median rent of $293.