North Adelaide is a mid-sized suburb in South Australia within the Adelaide local government area (postcode 5006). With a population of 6,823, the suburb has an established demographic with a median age of 39. Households earn a median income of $97K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in North Adelaide is $1.7 million, having dropped significantly 33% over the past year. Units have a median price of $750,000 (+4.2% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,914.
North Adelaide is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 1 rail station, 73 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Adelaide LGA is higher than average at 11,227 incidents per 100,000 population.
From an investment perspective, North Adelaide offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.7M/$950K), placing it in the premium segment. The price-to-income ratio of 17.2x is considered stretched. House prices have moved -33.0% year-on-year.
North Adelaide is a mid-sized suburb in South Australia within the Adelaide local government area (postcode 5006). With a population of 6,823, the suburb has an established demographic with a median age of 39. Households earn a median income of $97K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in North Adelaide is $1.7 million, having dropped significantly 33% over the past year. Units have a median price of $750,000 (+4.2% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,914.
North Adelaide is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 1 rail station, 73 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Adelaide LGA is higher than average at 11,227 incidents per 100,000 population.
From an investment perspective, North Adelaide offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.7M/$950K), placing it in the premium segment. The price-to-income ratio of 17.2x is considered stretched. House prices have moved -33.0% year-on-year.