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Suburb Insights · SA 5420

Canowie Belt, SA 5420 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Adelaide
Canowie Belt
South Australia · 5420
196 km from Adelaide CBD
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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 the most recent census.

Median weekly rent
$100/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$136,448/yr

Annual median household income (before tax) across all households.

Distance to CBD
196 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
35% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Canowie Belt is a smaller community of 29 — about 1% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $136,448/year runs 69% above the South Australia suburb median of $80,964, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. The median weekly rent of $100 translates to approximately $5,200/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Canowie Belt is 196 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 35% of dwellings are separate houses (vs 73% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Canowie Belt vs South Australia Median

How Canowie Belt stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Canowie Belt sits above the state median; negative means below.

MetricCanowie BeltSA medianΔ vs state
Population293,699-99%
Median household income$136,448/yr$80,964/yr+69%
Median rent (weekly)$100$320-69%
Distance to CBD196 km13 km+1408%
Separate houses35%73%-38pp

Investor Checklist

Pre-inspection briefing for Canowie Belt — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 29 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

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Rental Yield

Gross rent of $100/week (~$5,200/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

Only 35% of dwellings are separate houses (vs 73% SA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Canowie Belt property

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30-year projections for Canowie Belt

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Canowie Belt are modest for 2026 — incomes 69% above the SA median of $80,964 and a population of 29 suggest gains will lag headline metro markets. Rents sit around $100/week, setting the baseline gross rental income at roughly $5,200/year — refine this against current listings before running your numbers. The EquitySight investment score of 51/100 places Canowie Belt in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Canowie Belt a good suburb for investment?

Canowie Belt scores 51/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 29, median household income of $136,448/year and median weekly rent of $100. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Canowie Belt?

The main demand drivers in Canowie Belt are an above-state-median household income of $136,448/year, a dwelling mix that is 35% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Canowie Belt?

Canowie Belt has a usual resident population of approximately 29, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Canowie Belt from the Adelaide CBD?

Canowie Belt sits 196 km straight-line from the Adelaide CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Canowie Belt?

The most recent census recorded a median weekly rent of $100 in Canowie Belt, equating to approximately $5,200/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Canowie Belt?

A reliable median mortgage figure was not captured for Canowie Belt. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Canowie Belt cash-flow positive for investors?

Census data was not complete enough in Canowie Belt to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Canowie Belt?

The main risks are a thin buyer pool (29 residents), interest-rate sensitivity, a unit-heavy dwelling mix (35% houses) where body-corporate costs and apartment supply affect resale, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Canowie Belt profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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South Australia Property Resources