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Suburb Insights ยท SA 5420

Canowie Belt 5420, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Canowie Belt is a regional centre in South Australia, Australia, with a population of approximately 29, making it a boutique locality. Located approximately 196 km from the Adelaide CBD, Canowie Belt is a regional area in South Australia. The median household income is $136,448 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Canowie Belt benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Canowie Belt, South Australia, Australia.

Key Indicators

Postcode
5420

Official Australia Post postcode for Canowie Belt. A postcode may cover multiple suburbs.

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Population
29

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$100/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$136,448/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
196 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
35% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Canowie Belt serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $100/week (ABS 2021) indicates an affordable rental market. A median household income of $136,448/year supports premium property values and indicates a well-employed resident base. With only 35% separate houses, Canowie Belt has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Holding property in Canowie Belt over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Canowie Belt's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Renovation or flip strategies in Canowie Belt face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Canowie Belt property

Full Property Analysis

30-year projections for Canowie Belt

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Price movement in Canowie Belt is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Canowie Belt may face longer tenant search times; competitive pricing will be important. The market mood around Canowie Belt is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Canowie Belt a good suburb for investment?

Canowie Belt is a regional area in South Australia with a population of 29. The median rent is $100/week and the median household income is $136,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Canowie Belt?

Key demand drivers in Canowie Belt include regional employment hubs, lifestyle, and affordability. 35% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Canowie Belt?

According to the ABS 2021 Census, Canowie Belt has a population of approximately 29. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Canowie Belt from the Adelaide CBD?

Canowie Belt is approximately 196 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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