Question 1

Is Broadview a nice place to live?

Accepted Answer

Broadview is an inner-northern Adelaide suburb with a calm, residential character, tree-lined streets and a mix of early to mid-20th century cottages and bungalows, many renovated, alongside pockets of contemporary townhouse infill. It tends to attract families and professionals who value a quieter suburban feel while staying close to nearby precincts. Local parks, community sporting grounds, everyday shops and bus routes, plus main roads, make day-to-day errands and travel straightforward.

The suburb has 4,450 residents, a median age of 36 and a median household income of $1,703 a week, roughly $88,600 a year. Families are prominent, with couple families with children at 43.0% and couple families without children at 37.9%, together making up just over eight in ten families. Just over three in five homes are owner-occupied (26.9% owned outright and 34.3% with a mortgage), while renters are 38.8%. Broadview has also seen a substantial council-led upgrade at Broadview Oval, including a new community and sports hub, a playspace upgrade, a fenced dog park and new tree plantings. Whether that mix suits you comes down to what you’re looking for in a suburb.

Question 2

Is it expensive to live in Broadview?

Accepted Answer

Housing costs in Broadview, SA, look different depending on whether you rent or buy, when measured against what a typical local household earned at the last Census. A house rent of $630 a week would take about 37.1% of a typical local household's weekly income at the last Census, a sizeable share, while a unit rent of $500 a week would take about 29.4% of that weekly income, a moderate share.

On the buying side, a median house price of $1,200,000 is about 13.6 times a typical local annual household income at the last Census, which places buying well above local incomes in Broadview.

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 Broadview a good place to invest?

Accepted Answer

House and unit values in Broadview rose strongly over the past 12 months, with median house values up 18.9% and median unit values up 15.5%. Rental changes were much smaller in the same period, with house rents edging up 1.1% and unit rents rising a modest 2.0%.

Put another way, the year to date in Broadview shows substantial capital growth on both sides of the market while rental income moved only slightly; houses recorded the larger price gain and unit rents increased a little faster than house rents. Which of those outcomes matters most depends on your investment goals and cash-flow priorities.

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	$1.20M	N/A
Change in value Past 12 months	18.9%	15.5%
Sold Past 3 months	14	7
Median days on market Past 12 months	49	46
Average rent Past 12 months	$630	$500
Change in rent Past 12 months	1.1%	2.0%

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