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Hove

POSTAL CODE: SA, 5048
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HOVE ranks 315th in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 1.54% for the past year is lower than average compared to its 51.39% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in HOVE, the median home price is sitting at $1,249,000, and the average rent at $720, this suggests property owners could potentially earn a 3% increase in gross rental yield.

Property investors have seen a 3.22% gain in HOVE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.65% growth over a ten-year period. It ranks 2198th on our list of suburbs that property investors should look into.

Surburb overview

Hove, located approximately 12 kilometres southwest of Adelaide’s central business district, is a coastal suburb within the City of Holdfast Bay. Known for its peaceful, residential atmosphere and proximity to beautiful beaches, Hove offers a desirable suburban lifestyle with easy access to both the coast and urban amenities. With a population of around 3,200 residents, the suburb is popular among families, retirees, and professionals seeking a relaxed yet connected environment.

The demographic of Hove consists of a mix of young families, professionals, and older adults. Many homes in the area are owner-occupied, with housing styles ranging from older character homes to modern developments and apartments. The median age of residents is slightly above the national average, reflecting the suburb’s appeal to retirees and established families seeking a quiet and coastal lifestyle.

Public transport in Hove is well-serviced, with the Hove railway station on the Seaford line providing direct access to Adelaide’s CBD and nearby coastal suburbs. Several bus routes also connect the suburb to the surrounding areas, making commuting easy. Hove’s location near Brighton Road allows for quick access to the Adelaide CBD and other coastal areas by car.

Hove offers a variety of local amenities, with nearby shopping precincts such as Brighton Central Shopping Centre and Westfield Marion providing supermarkets, cafes, restaurants, and a wide range of retail options. The suburb’s proximity to Brighton Beach and its vibrant Jetty Road precinct adds to the lifestyle appeal, offering cafes, boutiques, and beachfront dining options within a short walk or drive. 

Recreational facilities in Hove include several parks and reserves, such as the Angus Neill Reserve and Brighton Oval, which provide green spaces for sports, walking, and family gatherings. The nearby Brighton Beach is a major draw for residents, offering opportunities for swimming, walking, and enjoying the seaside lifestyle.

Educational facilities in and around Hove include Brighton Primary School and Brighton Secondary School, both of which are highly regarded and contribute to the suburb’s popularity with families. 

With its peaceful, beachside atmosphere, excellent transport links, and access to both city and coastal amenities, Hove is a highly desirable suburb for a wide range of residents seeking a relaxed and connected lifestyle close to the coast.

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