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NETHERBY, 5062 ranks 199th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.54% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $2,200,000.
The upward trend in home prices in NETHERBY, 5062 averaged 17.24% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in NETHERBY.
An average of 2.08 real estate transactions take place per month in NETHERBY which translates to 25 per annum.
25 properties were sold in NETHERBY in 2016, making it the 276th most active market in SA based on total real estate transactions.
NETHERBY, 5062 places 376th in Australia based on median property value growth during the quarter.
Netherby is an affluent and leafy suburb situated approximately 6 kilometres southeast of Adelaide’s central business district (CBD). It is part of the City of Mitcham and is known for its spacious homes, tree-lined streets, and proximity to quality schools and natural reserves. The suburb offers a peaceful, family-friendly environment while being close to the amenities of both the Adelaide Hills and the city.
With a population of around 1,500 people, Netherby has a demographic that includes families, professionals, and retirees. The suburb features large, well-maintained homes, many of which are traditional bungalows, Federation-style residences, and modern developments, reflecting its affluent character. The peaceful and green environment, combined with a strong sense of community, makes it a highly desirable place to live.
Public transportation in Netherby is convenient, with several bus routes running through the suburb, providing easy access to Adelaide’s CBD and surrounding areas. The suburb is also well-connected to major roads, such as Fullarton Road and Cross Road, making it easily accessible for those commuting by car. Its proximity to the South Eastern Freeway also provides convenient access to the Adelaide Hills and surrounding regions.
Netherby is close to a range of essential amenities, including shopping centres, supermarkets, and dining options. Nearby suburbs such as Mitcham and Unley offer a variety of retail and dining experiences. Mitcham Shopping Centre, located just a short drive away, features supermarkets, boutique shops, and cafés, while the larger Burnside Village provides further shopping and dining options. The suburb’s location offers residents the best of both suburban tranquillity and urban convenience.
Netherby is close to several parks and reserves, offering residents ample opportunities for outdoor activities. Carrick Hill, a historic house and garden estate, is located nearby and provides scenic walking trails, picnic spots, and stunning views of the Adelaide Plains. The nearby Waite Conservation Reserve offers bushwalking trails through native bushland, making it a popular spot for nature lovers and those seeking outdoor recreation.
The suburb is home to Mercedes College, a well-regarded private school offering co-educational learning from Reception to Year 12. Additionally, the University of Adelaide’s Waite Campus, which specialises in agricultural, food, and wine research, is located nearby. Other prominent schools, such as Scotch College and Urrbrae Agricultural High School, are also within easy reach, making Netherby an ideal location for families with children.
Netherby’s appeal lies in its combination of suburban tranquillity, access to natural beauty, and proximity to top-tier schools and urban amenities. The suburb’s leafy streets, spacious homes, and strong community spirit make it an ideal location for those seeking a peaceful yet connected lifestyle close to Adelaide. Its balance of family-friendly living and access to both the city and the Adelaide Hills further enhances its reputation as one of Adelaide’s most desirable suburbs.