Mile End

POSTAL CODE: SA, 5031
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Homeowners and real estate investors betting on MILE END, 5031 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 15.31%.

A steady increase in median property prices over a five-year period in the suburb translates to a 28.41% capital gain.

Property investors in MILE END enjoyed capital gains of 15.31% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,130,000.

Profits due to an upward trend in home prices there averaged 9.47% per annum over a 3-year period.

Home owners selling their properties and realtors in MILE END usually have to wait an average of 70.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.99% increase in returns based on the current median price in MILE END.

MILE END, 5031 places 256th in Australia based on median property value growth during the quarter.

Surburb overview

Mile End is an inner-western suburb situated approximately 3 kilometres from Adelaide’s central business district (CBD). It forms part of the City of West Torrens and is known for its blend of historic charm, convenient location, and proximity to both the city and the airport, making it a desirable location for a range of residents.

Mile End has a population of around 4,600 people, with a diverse demographic that includes families, professionals, and students. The suburb is characterised by its mix of heritage homes, including classic bungalows and Victorian-era houses, alongside modern developments. The area has seen a rise in urban renewal projects, attracting younger residents and professionals who appreciate the suburb's proximity to the CBD.

Public transportation in Mile End is excellent, with both bus and train services connecting the suburb to Adelaide’s CBD and surrounding areas. The Mile End railway station provides easy access to the city and beyond, while the frequent bus services along Henley Beach Road and South Road ensure convenient commuting options. The suburb is also well-served by major arterial roads, making it accessible by car, with Adelaide Airport just a short drive away.

Mile End offers a range of amenities, with shopping centres, supermarkets, cafés, and restaurants located nearby. The Mile End Homemaker Centre is a popular destination for retail shopping, and the neighbouring suburb of Torrensville offers additional dining and retail options along Henley Beach Road. The proximity to Adelaide’s city centre means that residents also have quick access to the larger shopping precincts and entertainment venues within the CBD.

For recreation, Mile End has several parks and green spaces, including the popular Mile End Common and Weigall Oval. These parks provide open spaces for walking, picnics, and sporting activities, contributing to the suburb’s family-friendly appeal. Residents can also enjoy the nearby Adelaide Parklands, which are within walking or cycling distance and offer further opportunities for outdoor leisure.

Mile End is home to several schools and educational facilities, including the Thebarton Senior College and local primary schools in the surrounding suburbs, making it suitable for families with school-aged children. Its close proximity to the University of South Australia’s City West campus and other tertiary institutions also makes it a convenient choice for students.

Mile End’s location, just minutes from the CBD, combined with its excellent transport links, heritage homes, and access to local amenities, makes it a highly sought-after suburb. Its mix of character housing, modern conveniences, and proximity to both the city and the airport provides a balanced and attractive lifestyle for a wide range of residents.

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