North Adelaide

POSTAL CODE: SA, 5006
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Property investors enjoyed capital gains of 25.39% over the last 12 months in NORTH ADELAIDE, translating to lower returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 7.45% growth over a ten-year period. It ranks 1602nd on our list of suburbs that property investors should look into.

NORTH ADELAIDE, 5006 has a capital gain of 25.39% for the past year, which is higher than average compared to its 58.3% growth within a five-year period.

With the median home price in NORTH ADELAIDE sitting at $1,674,000, and the average rent at $700, property owners could potentially earn a 2.17% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NORTH ADELAIDE are low, as opposed to average gains per annum over the past five years.

NORTH ADELAIDE, 5006 in SA belongs to the local government area of Adelaide.

Surburb overview

North Adelaide is one of Adelaide’s most prestigious and historic suburbs, situated just 2 kilometres north of the central business district. It is part of the City of Adelaide and is known for its proximity to major attractions such as the Adelaide Oval and the Adelaide Parklands.

With a population of around 7,000 people, North Adelaide has a diverse demographic. The suburb is characterised by its well-preserved historic homes, many of which date back to the Victorian and Edwardian eras, as well as modern apartment complexes and townhouses.

Public transportation in North Adelaide is excellent, with several bus routes and the free City Connector service offering easy access to Adelaide’s CBD and surrounding suburbs. The Adelaide Railway Station is nearby, providing train services to other parts of South Australia. Additionally, the suburb is pedestrian-friendly, with many residents walking or cycling to the city or local amenities. Key roads such as O’Connell Street and Jeffcott Street provide easy access for those commuting by car.

North Adelaide is home to a wide range of amenities. O’Connell Street and Melbourne Street are the suburb’s main dining and shopping precincts. Residents also have access to essential services, including medical centres, pharmacies, and banking facilities.

The nearby Adelaide Parklands providing expansive green spaces for walking, jogging, cycling, and picnicking. Adelaide Oval, located on the edge of North Adelaide, is a world-renowned sporting venue, hosting cricket, football, and major events throughout the year. Additionally, the North Adelaide Golf Course offers an excellent venue for golf enthusiasts, with two 18-hole courses and a 9-hole course.

North Adelaide offers access to quality education such as North Adelaide Primary School, St Dominic’s Priory College, and Adelaide Botanic High School. The suburb is also close to prestigious tertiary institutions, including the University of Adelaide and the University of South Australia, making it an ideal location for students.

Healthcare services in North Adelaide are extensive, with several medical clinics, specialists, and allied health services located within the suburb. The nearby Royal Adelaide Hospital and Calvary North Adelaide Hospital provide comprehensive healthcare services.

North Adelaide’s cultural and historical significance adds to its appeal. The Art Gallery of South Australia, South Australian Museum, and the Adelaide Zoo are all within close proximity, offering cultural and recreational experiences for residents and visitors alike.

North Adelaide offers a balanced lifestyle, combining urban living with suburban tranquillity. Its heritage architecture, access to parks, excellent schools, and vibrant dining precincts make it an ideal location for a wide range of residents seeking a prestigious address close to the heart of Adelaide.

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