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Findon

POSTAL CODE: SA, 5023
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Property investors enjoyed capital gains of 10.8% over the last 12 months in FINDON, 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 7.73% growth over a ten-year period. It ranks 1422nd on our list of suburbs that property investors should look into.

FINDON, 5023 has a capital gain of 10.8% for the past year, which is lower than average compared to its 76.07% growth within a five-year period.

With the median home price in FINDON sitting at $975,000, and the average rent at $630, property owners could potentially earn a 3.36% increase in gross rental yield.

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

FINDON, 5023 in SA belongs to the local government area of Charles Sturt.

Surburb overview

Findon, located approximately 6 kilometres west of Adelaide’s central business district, is a well-established suburb in the City of Charles Sturt local government area. Known for its blend of older homes and modern developments, Findon is a popular residential choice for families, professionals, and retirees alike. The suburb has a population of around 6,000 people, offering a peaceful yet convenient lifestyle.

The demographics of Findon are diverse, with a mix of age groups and cultural backgrounds. Many residents speak languages other than English, reflecting the multicultural nature of the suburb. The median age is slightly lower than the national average, which makes the area attractive to young families and professionals seeking proximity to the city.

Public transport services are readily available in Findon, with several bus routes running through the suburb, providing easy access to Adelaide’s CBD and surrounding areas. The nearby Adelaide train station and Grange train line offer an alternative transport option for residents commuting to the city or nearby suburbs.

Findon is home to various establishments that cater to daily needs and recreational activities. The Findon Shopping Centre is centrally located, offering a variety of retail stores, cafes, and essential services. Additionally, there are several parks and open spaces, such as Findon Oval and Matheson Reserve, where residents can enjoy outdoor activities, sports, and leisure time. 

For families, Findon provides access to several nearby schools, including Findon High School and Seaton Park Primary School, which are both within a short distance. Recreational activities are easily accessible, with the nearby Adelaide beaches and the River Torrens Linear Park offering opportunities for cycling, walking, and picnicking. Overall, Findon provides a balanced suburban lifestyle with easy access to urban amenities.

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