Medindie

POSTAL CODE: SA, 5081
HOUSE

MEDINDIE, 5081 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling MEDINDIE, 5081 values up and netting property investors a capital gain of 19.86% for the past year.

Investors saw the median home price rise to $3,500,000.

Profits due to an upward trend in home prices in the suburb averaged 10.44% per annum over a 3-year period.

MEDINDIE now ranks at the 125th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MEDINDIE, homes and units usually stay on listing for an average of N/A.

In 2016, 19 properties were sold in MEDINDIE during the past year, making it the 345th most active market in SA based on total real estate transactions.

Surburb overview

Medindie, located in South Australia with the postcode 5081, is an exclusive and prestigious suburb situated approximately 4 kilometres north of Adelaide’s central business district (CBD). It is part of the Town of Walkerville and is known for its tree-lined streets, grand historic homes, and its close proximity to the city, making it one of Adelaide’s most desirable residential areas.

With a population of around 1,200 people, Medindie is a small, affluent community, attracting families, professionals, and retirees who appreciate the suburb’s refined character and convenient location. The area is renowned for its beautiful heritage homes, many of which date back to the Victorian and Edwardian eras, contributing to the suburb’s distinct architectural charm.

Public transportation is well-serviced in Medindie, with multiple bus routes providing easy access to Adelaide’s CBD and surrounding areas. The suburb is also conveniently located near key arterial roads, including Main North Road and Prospect Road, offering quick access to the city and northern suburbs. Medindie’s central location makes it ideal for those who prefer to drive, with the CBD just a short commute away.

Medindie offers easy access to several amenities and services, with shopping and dining options available in neighbouring suburbs such as North Adelaide and Walkerville. The Walkerville Shopping Centre and O’Connell Street in North Adelaide provide a range of boutique shops, supermarkets, cafés, and restaurants, all within a short drive from Medindie. Additionally, the suburb is close to Adelaide’s iconic Adelaide Oval and the vibrant cultural and entertainment precinct of North Adelaide.

For families, Medindie is located near several prestigious schools, including St Peter’s College, Wilderness School, and Prince Alfred College, making it an attractive location for those seeking quality education for their children.

Recreational opportunities are abundant, with Medindie’s close proximity to the Adelaide Parklands offering residents access to expansive green spaces, walking trails, and recreational facilities. The nearby North Adelaide Golf Course and the Adelaide Zoo are also popular destinations for leisure and outdoor activities.

Medindie’s appeal lies in its quiet, residential atmosphere combined with its central location and access to modern conveniences. The suburb’s heritage homes, prestigious schools, and easy access to the city make it highly desirable for those seeking a refined and comfortable lifestyle in one of Adelaide’s most sought-after suburbs.

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