Erindale

POSTAL CODE: SA, 5066
HOUSE

Based on its average 5-year and quarterly capital gains ERINDALE, 5066 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that ERINDALE, 5066 obtained a 9.51% growth over a ten-year period. It ranks 219th on our list of suburbs that property investors should look into.

ERINDALE, 5066 in SA belongs to the local government area of Burnside.

ERINDALE, 5066 has a capital gain of 10.5% for the past year, which is lower than average compared to its 82.23% growth within a five-year period.

With the median home price in ERINDALE sitting at $2,000,000, and the average rent at $750, property owners could potentially earn a 1.95% increase in gross rental yield.

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

Surburb overview

Erindale, located approximately 6 kilometres east of Adelaide's central business district, is an affluent and leafy suburb in South Australia. It falls within the City of Burnside, a local government area known for its picturesque streets, high-quality amenities, and well-established residential areas. Erindale has a population of around 1,300 residents, with a demographic mix that includes professionals, families, and retirees who appreciate the suburb’s close proximity to the city, elegant homes, and tranquil environment.

Public transportation in Erindale is excellent, with Adelaide Metro buses providing regular services to the Adelaide CBD and surrounding areas. The suburb is also conveniently located near major roads such as Kensington Road and Glynburn Road, ensuring easy access by car to the city, Adelaide Hills, and other parts of the metropolitan area.

Erindale is characterized by its wide, tree-lined streets and a mix of historic and modern homes, including elegant villas, bungalows, and contemporary residences. The suburb’s residential areas are peaceful and well-maintained, reflecting its reputation as one of Adelaide’s most sought-after addresses.

While Erindale itself is primarily residential, it is close to several shopping and dining precincts, including the popular Burnside Village Shopping Centre. This centre offers a wide variety of retail stores, high-end fashion boutiques, cafes, and restaurants. The nearby Kensington Road shopping strip also provides additional dining and shopping options, adding to the suburb’s appeal.

Educational facilities in and around Erindale are excellent, making it a popular choice for families. The suburb is close to several prestigious schools, including Loreto College, St. Peter’s Girls’ School, and Pembroke School, offering quality education from early childhood through to secondary levels. The proximity to these well-regarded schools enhances Erindale’s appeal for families seeking top-tier education for their children.

The suburb is home to several small parks and green spaces, providing peaceful settings for relaxation and play. Erindale is close to larger recreational areas such as Hazelwood Park and the Adelaide Park Lands, which offer extensive walking and cycling paths, picnic areas, and opportunities for outdoor activities. The nearby Mount Lofty Ranges also provide residents with easy access to bushwalking trails, wildlife observation, and stunning views of the city and coastline.

Erindale’s combination of suburban tranquility, excellent transport links, and access to quality amenities makes it one of Adelaide’s most desirable suburbs. The area’s elegant homes, strong community ties, and proximity to both the city and the natural beauty of the Adelaide Hills continue to attract residents who value a balanced and sophisticated lifestyle in a picturesque and well-connected environment.

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