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Suburb Insights ยท SA 5006

North Adelaide 5006, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

North Adelaide is an inner-city suburb of Adelaide, Australia, with a population of approximately 6,823, making it a smaller community. Located 2 km from the Adelaide CBD, North Adelaide is a inner city area in South Australia. The median household income is $97,084 AUD per year (ABS 2021 Census).

Investment Score

78 / 100 Good

Strong household incomes in North Adelaide underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows North Adelaide, South Australia, Australia.

Key Indicators

Postcode
5006

Official Australia Post postcode for North Adelaide. A postcode may cover multiple suburbs.

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Population
6,823

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

ABS Census Data โ†’
Median Rent (weekly)
$390/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
$97,084/yr

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

ABS Census Data โ†’
Distance to CBD
2 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
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,914/mo

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

ABS Census Data โ†’
Dwelling Type
18% 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 an inner-city location, North Adelaide benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $390/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,914/month. The median household income of $97,084/year reflects a solid demographic, supporting sustainable rental demand. With only 18% separate houses, North Adelaide has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

North Adelaide's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

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

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Renovation / Flip

Renovation in North Adelaide requires careful cost analysis โ€” the margin is there but not always wide.

Risk Factors

Run the numbers on a North Adelaide property

Full Property Analysis

30-year projections for North Adelaide

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

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

North Adelaide enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenants in North Adelaide have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in North Adelaide's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is North Adelaide a good suburb for investment?

North Adelaide is a inner city area in South Australia with a population of 6,823. The median rent is $390/week and the median household income is $97,084/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 North Adelaide?

Key demand drivers in North Adelaide include employment proximity and urban lifestyle. 18% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of North Adelaide?

According to the ABS 2021 Census, North Adelaide has a population of approximately 6,823. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is North Adelaide from the Adelaide CBD?

North Adelaide is approximately 2 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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