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Investment Property North Adelaide, SA, 5006

Suburb Snapshot

North Adelaide is a suburb in the Adelaide Region of South Australia. North Adelaide has a population of 6,954 people and 38.30% of its occupants live in rental accommodation. The median listing price for houses is $1,700,000 and this has changed 33.33% over the past year and changed 30.76% over 2 years.

The median rent in North Adelaide for houses is $680 per week and the median rental yield is 2.08%. Stock on the market for houses/townhouses has changed 16.67% compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is $520,000 and this has changed 18.18% over the past year. The average unit takes 62 days to sell and the median rent for a unit in North Adelaide is $485 per week, producing a rental yield of 4.85%.

Supply & Demand in North Adelaide, Adelaide

1.23%

Current vacancy rate


49

Rental stock available


6,954

Population


38.30%

Rental population


1.51%

Current vacancy rate


243

Rental stock available


22,066

Population


46.10%

Rental population


0.49%

Current vacancy rate


4,378

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for North Adelaide, Adelaide

  House Townhouses Units
Median listing price $1,700,000 $1,150,000 $520,000
Median price change - last quarter 3.18% 2.22% 0.00%
Median price change - 1 year 33.33% 43.75% 18.18%
Median price change - 2 years 30.76% NA 16.98%
  House Townhouses Units
Median weekly rent $680 $600 $485
Median yield % 2.08% 2.71% 4.85%
Median rent change - 1 year 13.33% 0.84% 10.22%
  House Units
Previous month sales 12 8
Stock on market previous month 28 25
Stock variance vs. last year 16.67% -26.47%
Average days on market 42 62

North Adelaide investment property listings

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