Suburb overview
Warradale is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 5,801, making it a smaller community. Located approximately 11 km from the Adelaide CBD, Warradale is a middle ring area in South Australia. The median household income is $84,552 per year.
Location
Key indicators
Postcode
5046
Postcode for Warradale, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
5,801
Usual resident population at the most recent census.
Median weekly rent
$648/wk
Median weekly rent — as at Jan–Mar 2026, Consumer & Business Services (SA) (CC BY 4.0).
Distance to CBD
11 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Sale prices & yield
Median house price
$1,355,000
Median house sale price — as at Q1 2026, Valuer-General (SA) (CC BY 4.0). Figure covers suburb (metro Adelaide).
Indicative gross yield
2.5%
Estimated as current median rent × 52 ÷ current median house price. A guide only — not a guaranteed return; excludes costs, vacancy and buying expenses.
Housing
Median monthly mortgage
$1,733/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
63% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Warradale
- Middle-ring location about 11 km from Adelaide — balance of commute and affordability.
- Established streets, local shops, and schools within the neighbourhood.
Who Warradale suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Established middle-ring position between the CBD and the urban fringe.
- Established infrastructure and existing community base.
Cons
- Traffic can build during peak hours, especially on arterial roads.
- Prices may rise further as demand continues.
Investment insight
Warradale's population of 5,801 sits 57% above the South Australia suburb median of 3,699, giving it a wider tenant and buyer catchment than the average SA locality. At $84,552/year, household income in Warradale is within 4% of the South Australia median ($80,964), placing the suburb firmly in the state's mainstream demographic band. Median rent of $648/week (as at Jan–Mar 2026, Consumer & Business Services (SA)) equates to roughly $2,808/month — about 162% of the $1,733/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. 11 km from Adelaide places Warradale in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Investment tip
This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. At the 2021 Census, local rents consumed roughly 23% of household income — a dated but useful sanity check on tenant affordability.
Warradale vs South Australia median
How Warradale stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Warradale sits above the state median; negative means below.
| Metric | Warradale | SA median | Δ vs state |
|---|---|---|---|
| Population | 5,801 | 3,699 | +57% |
| Median household income | $84,552/yr | $80,964/yr | +4% |
| Median rent (weekly, 2021 Census) | $380 | $320 | +19% |
| Median mortgage (monthly, 2021 Census) | $1,733 | $1,616 | +7% |
| Distance to CBD | 11 km | 13 km | -15% |
| Separate houses | 63% | 73% | -10pp |
Investor checklist
Pre-inspection briefing for Warradale — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 5,801 residents — 157% of the SA suburb median (3,699).
- Purchasing power: median household income $84,552/year (+4% vs South Australia suburb median of $80,964).
- Cash-flow coverage (2021 Census): $380/week rent (≈ $1,647/month) covered ~95% of the $1,733/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 11 km straight-line from Adelaide (state suburb median 13 km).
- Dwelling mix: 63% separate houses — mixed market (vs 73% state median).
- Rate stress-test: budget ~$173/month extra for a 1-percentage-point RBA rate rise on top of the $1,733/month median repayment.
- Tenant rent burden: 23% of the median household income is spent on rent — comfortably affordable.
Investment strategy
Solid buy-and-hold profile: a population of 5,801 and household income close to the SA median ($84,552 vs $80,964) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.
Strong rental coverage at the 2021 Census: $380/week (~$1,647/month) covered 95% of the $1,733/month median mortgage, a shortfall of just $86/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
Only 63% 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
- Interest-rate sensitivity: the $1,733/month median mortgage in Warradale means a 1-percentage-point RBA rate rise could add roughly $173/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Warradale regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Warradale with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Warradale property
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Start your journey near Warradale →2026 outlook
Property values in Warradale should track the wider South Australia market through 2026, with the $84,552/year median household income (close to the $80,964 state median) keeping the suburb firmly mid-pack. At the 2021 Census, rental coverage ran at ~95% of the typical mortgage ($1,647/month rent vs $1,733/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Warradale is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the South Australia median.
Frequently asked questions
Is Warradale a good suburb for investment?
Whether Warradale suits you depends on your strategy, but the fundamentals are concrete: a population of 5,801, a median household income of $84,552/year and median weekly rent of $380. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Warradale?
The main demand drivers in Warradale are proximity to Adelaide (11 km), an above-state-median household income of $84,552/year, a dwelling mix that is 63% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Warradale?
Warradale has a usual resident population of approximately 5,801, 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 Warradale from the Adelaide CBD?
Warradale sits 11 km straight-line from the Adelaide CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
What is the median rent in Warradale?
The median weekly rent in Warradale is $648 (as at Jan–Mar 2026, Consumer & Business Services (SA)), equating to approximately $33,696/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Warradale?
The median monthly mortgage repayment in Warradale 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 Warradale cash-flow positive for investors?
A median weekly rent of $380 works out to $1,647/month, covering 95% of the median mortgage repayment of $1,733/month. That leaves a $86/month shortfall (around $1,032/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 Warradale?
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 Warradale profile
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Consumer & Business Services (SA) (Jan–Mar 2026), published under a Creative Commons licence and dated on the page. The median sale price shown comes from Valuer-General (SA) (Q1 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.