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Brompton suburb profile

Brompton is a vibrant suburb located just 4km northwest of Adelaide's CBD, known for its blend of industrial heritage and modern urban living. This inner-city suburb has undergone significant revitalization, attracting young professionals and families with its trendy cafes, boutique shops, and creative spaces. Brompton offers a mix of character homes and contemporary apartments, reflecting its evolving landscape. The suburb's proximity to public transport and major roadways ensures easy access to the city and surrounding areas. With its community-focused atmosphere and growing amenities, Brompton continues to be a desirable location for those seeking a dynamic yet convenient lifestyle.

Brompton property market performance

Property growth+16.4%Past 12 months

Brompton's property market has experienced significant growth in house values over the past 12 months, with a 15.4% increase, bringing the median house price to $965,000. However, the unit market has remained stagnant, with no change in median unit value. Over the past three months, 17 houses have been sold, while only 2 units have changed hands, indicating a stronger demand for houses.

Houses in Brompton are taking a median of 57 days to sell, reflecting a moderate pace in the market. The unit market data is limited, with no recent sales to provide a median days on market figure, suggesting a lack of activity in this segment.

In the rental market, house rents have seen a modest increase of 1.5% over the last 12 months, with an average rent of $670. In contrast, unit rents have surged by 13.1%, reaching an average of $605, indicating a growing demand for rental units in Brompton.

HousesUnits
Median price
Past 3 months
$968KN/A
Change in value
Past 12 months
15.8%N/A
Sold
Past 3 months
202
Median days on market
Past 12 months
53N/A
Average rent
Past 12 months
$670$640
Change in rent
Past 12 months
1.5%19.6%

5 year median price trend for houses and units

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Brompton demographics

Brompton, located just a few kilometers from Adelaide's city center, is a suburb that blends historical charm with modern living. Known for its vibrant community and proximity to the CBD, Brompton attracts a diverse range of residents, including young professionals, families, and retirees. The median age of 36 suggests a balanced mix of youthful energy and mature stability, making it an appealing choice for those seeking a dynamic yet relaxed lifestyle.

The suburb's housing landscape is varied, with a significant portion of properties being rented, accounting for 53.8% of the total. This high rental rate indicates Brompton's popularity among those seeking flexible living arrangements, such as students and young professionals. Meanwhile, 16.9% of properties are owned outright, and 29.2% are owned with a mortgage, reflecting a stable homeowner base and opportunities for new buyers.

Family dynamics in Brompton are diverse, with couple families without children making up nearly half of the family households at 49.7%. Couple families with children represent 26.3%, while one-parent families account for 19.9%. This variety in household types contributes to a rich community fabric, supported by local amenities, parks, and cultural events. Brompton's blend of heritage and modernity, along with its convenient location, makes it a sought-after suburb for those looking to enjoy the best of Adelaide's urban and suburban offerings.

Suburbs near Brompton

Some popular suburbs near Brompton include:

How does Brompton compare to nearby suburbs?

  • Median house prices: Brompton’s median house price is 3.2% lower than Devon Park’s.
  • House price growth: Over the past 12 months, house prices in Brompton have grown 10.5% higher than in Renown Park.
  • Selling speed for houses: Properties in Brompton are selling 13.1% faster than in Ovingham.
  • Investment considerations: In Brompton, the rental yield for house is 6.0% higher than the Adelaide average, while the rental yield for units is 16.6% higher.
  • House price growth: Over the past 12 months, house prices in Brompton have grown 3.9% lower than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Brompton have grown 26.7% higher than the average rate of growth for units across Adelaide.

Choose the right real estate agents in Brompton

Choosing the right real estate agent in Brompton can have a big impact on your sale. While there are 25 real estate agents working in the suburb, but just 5 of them were responsible for 63.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.19% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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