Hillcrest

POSTAL CODE: SA, 5086
HOUSE

Property investors enjoyed capital gains of 12.49% over the last 12 months in HILLCREST, translating to lower returns compared with its peers in SA.

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

The suburb posted a 41.83% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

On average, rents on listings have reached the $650 mark, reflecting a 3.76% increase in returns based on the current median price in HILLCREST.

HILLCREST, 5086 ranks 202nd in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 165th on the list of best yielding suburbs for rental properties in SA, posting a 3.76% return.

Surburb overview

Hillcrest, located approximately 10 kilometres northeast of Adelaide’s central business district, is a well-established suburb within the City of Port Adelaide Enfield. Known for its family-friendly atmosphere, easy access to amenities, and convenient location, Hillcrest is popular among families, young professionals, and retirees. With a population of around 4,000 residents, the suburb offers a blend of residential charm and proximity to both urban conveniences and green spaces.

The demographic of Hillcrest includes a diverse mix of families, young professionals, and older adults. Many homes in the area are owner-occupied, with a variety of housing styles ranging from older, established homes to more modern developments. The median age of residents is close to the national average, making it an appealing suburb for a wide range of people, particularly those seeking a suburban lifestyle with easy access to schools and parks.

Public transport in Hillcrest is excellent, with several bus routes running through the suburb, providing direct connections to Adelaide’s CBD and nearby suburbs. The suburb’s location along North East Road offers convenient road access for commuters, linking Hillcrest to both the city and surrounding areas.

Hillcrest offers a range of local amenities, including shopping centres such as the Greenacres Shopping Centre and Northgate Shopping Centre, which provide supermarkets, cafes, restaurants, and specialty stores. The suburb is also close to several parks and recreational areas, including the Ray Norton Reserve and nearby Linear Park, which offer green spaces for walking, cycling, and family activities.

Educational facilities in Hillcrest include Cedar College and Hillcrest Primary School, making it a convenient location for families with school-aged children. Nearby secondary schools such as Roma Mitchell Secondary College provide additional options for families.

With its family-friendly atmosphere, convenient public transport links, and access to local amenities and parks, Hillcrest is a desirable suburb for residents seeking a balanced suburban lifestyle within easy reach of Adelaide’s CBD.

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