Fraud Blocker

North Adelaide, SA 5006

Home » SA Real Estate Data » Adelaide City Council, SA » North Adelaide, SA 5006

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for North Adelaide, SA 5006 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “North Adelaide, SA 5006”

  1. The total adult population (15 years or older) of North Adelaide 5006 SA is 6,316, with a median age of 39. Of those, 34.21% are married, 12.32% are divorced or separated, 47.32% are single and 6.13% are widowed.

    The average household size is 1.9 people per dwelling, and the median household monthly income is estimated to be $10,612. The median monthly mortgage repayment for households in this suburb is $1,914 which is 18.04% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the state of South Australia, the suburb of North Adelaide 5006 is home to an estimated 4569 households. As we head into the third quarter of 2023, the property market in this area presents an interesting landscape for investors and prospective homebuyers alike.

    The typical prices for houses within this postcode are trending around the $1,249,901 mark. Weekly rent stands at a median of $704, translating to an indicative yield of 2.93%. This yield marginally falls short of the typical 3%, indicating a property market slightly skewed towards capital growth rather than cash flow.

    North Adelaide displays an impressive IRSAD score of 1088 out of 1217, indicating more affluent residents with a good socio-economic status, high income levels and professional occupations.

    On the renters’ front, there is a slightly higher ratio of 47%, indicating a somewhat saturated rental market. This could present a challenge for new investors entering the market. However, with the units-to-houses ratio at 43%, there is a balanced mix of dwelling types, lessening the competition among landlords and enhancing the attractiveness of the property market to a diverse range of tenant classes.

    The Affordability Index of 46 years, though slightly elevated, showcases a market that is leaning toward the upper end, underpinning potential capital appreciation.

    In terms of market supply, stock on market Percentage is a mere 0.05%, and the inventory level is an incredibly low 0.24 months – both indicators pointing to a very tight market, with demand possibly outstripping supply. This is complimented by a relatively low building approvals Ratio of 0.21%, suggesting limited upcoming supply.

    The average days on market for houses is currently 37 days, indicating a fairly steady rate of property turnover and demand level. Further backing this is the suburb’s incredibly low vacancy rate of 0.93%, highlighting high occupancy and tenant demand.

    Meanwhile, the buy search index sits at 4, demonstrating a neutral yet healthy demand for properties for sale.

    In summary, North Adelaide’s property market is characterised by high-affluence, demand outstripping supply and a strong proclivity for ownership over renting. While indicative yields sit just below the attractive benchmark, the suburb is arguably offset by other favourable variables, making it a viable consideration for those looking at a balanced property market investment strategy. As always, these trends should be assessed in conjunction with broader market movements to inform sound investment decisions. Consult HtAG Analytics and their RCS metric for a comprehensive analysis of over 80 market metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment