Adelaide is a well-established suburb in South Australia within the Adelaide local government area (postcode 5000). With a population of 18,202, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $71K per year, with an average household size of 1.8 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Adelaide is $1.1 million, having declined 4.2% over the past year. Units have a median price of $566,000 (+8.8% YoY). The current median weekly rent is $594. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Adelaide is served by 11 schools, including 2 primary, 4 secondary, 4 combined, 1 special. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 3 rail stations, 13 tram stops, 229 bus stops. Healthcare facilities include 1 public and 3 private hospitals. The crime rate in the Adelaide LGA is higher than average at 46,561 incidents per 100,000 population.
From an investment perspective, Adelaide offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 15.9x is considered stretched. House prices have moved -4.2% year-on-year.
Adelaide is a well-established suburb in South Australia within the Adelaide local government area (postcode 5000). With a population of 18,202, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $71K per year, with an average household size of 1.8 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Adelaide is $1.1 million, having declined 4.2% over the past year. Units have a median price of $566,000 (+8.8% YoY). The current median weekly rent is $594. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Adelaide is served by 11 schools, including 2 primary, 4 secondary, 4 combined, 1 special. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 3 rail stations, 13 tram stops, 229 bus stops. Healthcare facilities include 1 public and 3 private hospitals. The crime rate in the Adelaide LGA is higher than average at 46,561 incidents per 100,000 population.
From an investment perspective, Adelaide offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 15.9x is considered stretched. House prices have moved -4.2% year-on-year.