Fast 50 Report 2026 Banner

Hazelwood Park

POSTAL CODE: SA, 5066
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 8.86% capital gain.

Property investors in HAZELWOOD PARK enjoyed capital gains of 4.67% 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 $1,905,000.

Profits due to an upward trend in home prices there averaged 2.95% per annum over a 3-year period.

Home owners selling their properties and realtors in HAZELWOOD PARK usually have to wait an average of 124 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $710 mark, reflecting a 1.94% increase in returns based on the current median price in HAZELWOOD PARK.

HAZELWOOD PARK, 5066 places 237th in Australia based on median property value growth during the quarter.

Surburb overview

Hazelwood Park, located approximately 6 kilometres east of Adelaide’s central business district, is a prestigious and leafy suburb within the City of Burnside. Known for its large, well-maintained homes, peaceful streets, and proximity to parklands, Hazelwood Park offers a tranquil suburban lifestyle with easy access to the city. The suburb has a population of around 1,800 residents and is popular among families, professionals, and retirees seeking a high-quality living environment.

The demographic of Hazelwood Park is largely made up of established families, professionals, and older adults. Many homes in the suburb are owner-occupied, and the area features a mix of character homes, including older bungalows, modern developments, and large family residences. The median age of residents is slightly above the national average, reflecting the suburb’s appeal to established households and those seeking a quieter, more prestigious environment.

Public transport in Hazelwood Park is convenient, with several bus routes providing direct access to Adelaide’s CBD and surrounding areas. The suburb is also located near key arterial roads, such as Greenhill Road and Portrush Road, making commuting by car easy and efficient.

One of the key features of Hazelwood Park is its namesake, the Hazelwood Park Reserve. This large green space is a popular destination for both locals and visitors, offering walking trails, picnic areas, playgrounds, and open spaces for recreation. The park also houses the George Bolton Swimming Centre, a well-known outdoor pool that is highly popular during the warmer months. These facilities make the suburb particularly attractive to families and those who enjoy outdoor activities.

For shopping and dining, Hazelwood Park is close to Burnside Village, a high-end shopping centre that offers a range of boutique stores, cafes, and essential services. The nearby suburbs of Kensington and Norwood also provide additional dining and retail options.

Educational facilities in Hazelwood Park include nearby schools such as Burnside Primary School and Glenunga International High School, both of which are highly regarded and contribute to the suburb’s popularity with families.

With its serene parklands, excellent schools, and proximity to the city, Hazelwood Park is a highly desirable suburb for a wide range of residents seeking a peaceful, upscale lifestyle within easy reach of Adelaide’s urban and recreational amenities.

You’re out of free articles for this month
Loading form...