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Suburb Insights · SA 5023

Findon, SA 5023 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Findon is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 6,997, making it a smaller community. Located approximately 7 km from the Adelaide CBD, Findon is a middle ring area in South Australia. The median household income is $74,048 per year.

Investment Score

65 / 100 Good

Moderate income levels in Findon indicate steady rental demand from working households. Its proximity to the CBD adds a strong location premium.

Location

Adelaide
Findon
South Australia · 5023
7 km from Adelaide CBD
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Key Indicators

Postcode
5023

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

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Population
6,997

Usual resident population at the most recent census.

Median weekly rent
$310/wk

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

Median household income
$74,048/yr

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

Distance to CBD
7 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb.

Median monthly mortgage
$1,733/mo

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

Home type
60% houses

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

Why People Like Living in Findon

Who Findon Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the South Australia median — stretch goal.
💼ProfessionalsAround 7 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 3) add to liveability.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Traffic can build during peak hours, especially on arterial roads.
  • Prices may rise further as demand continues.

Investment Insight

Findon's population of 6,997 sits 89% above the South Australia suburb median of 3,699, giving it a wider tenant and buyer catchment than the average SA locality. Household income of $74,048/year is 9% below the South Australia median of $80,964, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $310/week (77% coverage of the $1,733/month median mortgage) leaves a gap of roughly $390/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 7 km from the Adelaide CBD, Findon sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.

Findon vs South Australia Median

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

MetricFindonSA medianΔ vs state
Population6,9973,699+89%
Median household income$74,048/yr$80,964/yr-9%
Median rent (weekly)$310$320-3%
Median mortgage (monthly)$1,733$1,616+7%
Distance to CBD7 km13 km-46%
Separate houses60%73%-13pp

Investor Checklist

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

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Findon's 6,997-person market and $74,048 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

⚠️
Rental Yield

Moderate rental coverage: rent of $310/week covers 77% of a $1,733/month mortgage, leaving a $390/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 60% 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 Findon property

Full Property Analysis

30-year projections for Findon

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Findon should track the wider South Australia market through 2026, with the $74,048/year median household income (9% below the $80,964 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~77% of the typical mortgage ($1,343/month rent vs $1,733/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 65/100 places Findon in the upper-middle 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 Findon a good suburb for investment?

Findon scores 65/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 6,997, median household income of $74,048/year and median weekly rent of $310. 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 Findon?

The main demand drivers in Findon are proximity to Adelaide (7 km), a median household income of $74,048/year, a dwelling mix that is 60% separate houses, roughly 2 schools and 3 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 Findon?

Findon has a usual resident population of approximately 6,997, compared with a South Australia suburb median of 3,699 — placing it in the upper 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 Findon from the Adelaide CBD?

Findon sits 7 km straight-line from the Adelaide CBD. This is inner-ring territory — pricing competes directly with established Adelaide employment nodes.

What is the median rent in Findon?

The most recent census recorded a median weekly rent of $310 in Findon, equating to approximately $16,120/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 Findon?

The median monthly mortgage repayment in Findon is $1,733, or approximately $20,796/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Findon cash-flow positive for investors?

A median weekly rent of $310 works out to $1,343/month, covering 77% of the median mortgage repayment of $1,733/month. That leaves a $390/month shortfall (around $4,680/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Findon?

The main risks are interest-rate sensitivity on the $1,733 median mortgage, 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 Findon 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