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Suburb Insights ยท SA 5033

Cowandilla 5033, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cowandilla is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 1,455, making it a boutique locality. Located 4 km from the Adelaide CBD, Cowandilla is a middle ring area in South Australia. The median household income is $68,120 AUD per year (ABS 2021 Census).

Investment Score

52 / 100 Moderate

Lower income levels in Cowandilla typically translate to more affordable entry points for investors. Its proximity to the CBD adds a strong location premium.

Location

Map shows Cowandilla, South Australia, Australia.

Key Indicators

Postcode
5033

Official Australia Post postcode for Cowandilla. A postcode may cover multiple suburbs.

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Population
1,455

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

ABS Census Data โ†’
Median Rent (weekly)
$300/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
$68,120/yr

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

ABS Census Data โ†’
Distance to CBD
4 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)
$1,733/mo

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

ABS Census Data โ†’
Dwelling Type
69% 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

Cowandilla's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Cowandilla are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Cowandilla property

Full Property Analysis

30-year projections for Cowandilla

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital growth in Cowandilla may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Cowandilla a good suburb for investment?

Cowandilla is a middle ring area in South Australia with a population of 1,455. The median rent is $300/week and the median household income is $68,120/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 Cowandilla?

Key demand drivers in Cowandilla include established amenities and transport access. 69% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cowandilla?

According to the ABS 2021 Census, Cowandilla has a population of approximately 1,455. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cowandilla from the Adelaide CBD?

Cowandilla is approximately 4 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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