Question 1

Is Beulah Park a nice place to live?

Accepted Answer

Beulah Park is a compact inner-eastern Adelaide suburb with quiet, tree-lined streets and a low-rise, domestic character. Housing is anchored by older cottages and villas with pockets of sympathetic infill and small unit developments, and residents have easy access to the cafes, shops and services along Norwood Parade as well as nearby parks and recreational spaces. Regular bus routes and arterial roads make trips to the city straightforward, and the area tends to attract professionals, families and people after a calm inner-suburban lifestyle.

The suburb is home to 1,601 people with a median age of 39, and the typical household earns $2,189 a week (about $113,828 a year). Families are dominant and owner-occupied homes make up 67.6% of dwellings while renters are 32.4%, which together suggest a largely settled, owner-occupied community. A draft precinct plan and council support for a 40 km/h residential limit signal planned improvements to transport accessibility and streetscape amenity. Whether that mix suits you depends on what you value in a suburb.

Question 2

Is it expensive to live in Beulah Park?

Accepted Answer

Buying a house in Beulah Park works out to about 15.8 times a typical local household's annual income at the last Census (median house price $1,800,000). Renting looks less stretched: $685 a week for a house would take about 31.3% of a typical local household's weekly income at the last Census, a sizeable share, while $500 a week for a unit would be about 22.8%, a moderate share. Which option feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Beulah Park a good place to invest?

Accepted Answer

Over the past year in Beulah Park, house values rose a modest 2.5% while house rents climbed a solid 5.4%, so rental income on houses increased faster than their capital value over that period. Unit rents also rose, up 6.4%, and therefore increased somewhat faster than house rents.

If rental income is your chief concern, the rent figures are the ones to watch; if capital growth matters more, the house value change is the relevant number. Whether that mix suits your plans depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.80M	N/A
Change in value Past 12 months	2.5%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	75	N/A
Average rent Past 12 months	$685	$500
Change in rent Past 12 months	5.4%	6.4%

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