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Craigmore suburb profile

Craigmore is a residential suburb located in the northern outskirts of Adelaide, South Australia. Known for its family-friendly atmosphere, Craigmore offers a mix of modern homes and established properties, catering to a diverse community. The suburb is well-serviced by local amenities, including schools, shopping centres, and parks, making it an attractive option for families and retirees. Its proximity to the Adelaide Hills provides residents with easy access to scenic landscapes and outdoor activities. With a strong sense of community and convenient transport links to the city, Craigmore continues to be a popular choice for those seeking a suburban lifestyle.

Craigmore property market performance

Craigmore's property market has shown a strong performance over the past 12 months, with house values increasing by 13.9%. The current median house price stands at $755,000, reflecting robust demand in the area. However, the unit market remains stagnant, with no significant change in value and minimal sales activity.

In terms of sales, 40 houses were sold over the last 12 months, while only 2 units changed hands, indicating a preference for houses. Houses are taking a median of 53 days on the market, suggesting a steady pace of sales.

The rental market for houses in Craigmore has seen a modest increase, with average rent rising by 3.6% to $570 over the past year. The unit rental market remains inactive, with no change in rental prices.

HousesUnits
Median price
Past 3 months
$740KN/A
Change in value
Past 12 months
13.7%N/A
Sold
Past 3 months
432
Median days on market
Past 12 months
56N/A
Average rent
Past 12 months
$570N/A
Change in rent
Past 12 months
3.6%N/A

5 year median price trend for houses and units

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Craigmore demographics

Craigmore, located in the northern suburbs of Adelaide, is a family-friendly area known for its suburban charm and community-oriented lifestyle. With a population of 10,943 and a median age of 37, Craigmore is home to a mix of young families and established residents. The suburb offers a peaceful environment with easy access to local amenities, making it an attractive choice for those seeking a balance between city convenience and suburban tranquility.

The housing landscape in Craigmore is predominantly owner-occupied, with 26.5% of properties owned outright and 52.7% owned with a mortgage. This high rate of home ownership reflects the suburb's appeal to families and long-term residents. Rental properties make up 20.8% of the housing market, providing options for those seeking more flexible living arrangements. The suburb's family-oriented nature is further highlighted by the fact that 43.4% of households are couple families with children, while 34.7% are couple families without children.

Craigmore's community is diverse, with one-parent families accounting for 20.8% of the population. The median total household income of $1,513 per week suggests a comfortable standard of living for many residents. The suburb's proximity to schools, parks, and shopping centers enhances its appeal, making it a desirable location for families looking to settle in a supportive and well-connected community. Overall, Craigmore offers a welcoming environment with a strong sense of community, ideal for those seeking a suburban lifestyle with access to urban amenities.

Suburbs near Craigmore

Some popular suburbs near Craigmore include:

  • Elizabeth Downs: Known for its affordable housing and community facilities, Elizabeth Downs is located directly south of Craigmore.
  • Elizabeth Park: Featuring a mix of residential and recreational spaces, Elizabeth Park is situated to the southwest of Craigmore.
  • Smithfield: Known for its shopping centers and transport links, Smithfield lies to the north of Craigmore.
  • Elizabeth North: Offering a blend of residential and industrial areas, Elizabeth North is located to the west of Craigmore.
  • Elizabeth East: Known for its parks and schools, Elizabeth East is situated to the south of Craigmore.

How does Craigmore compare to nearby suburbs?

  • Median house prices: Craigmore’s median house price is 16.1% higher than Elizabeth Downs’s.
  • House price growth: Over the past 12 months, house prices in Craigmore have grown 1.0% higher than in Elizabeth Downs.
  • Selling speed for houses: Properties in Craigmore are selling 1.8% faster than in Elizabeth Downs.
  • House price growth: Over the past 12 months, house prices in Craigmore have grown 23.2% lower than the average rate of growth across Adelaide.

Choose the right real estate agents in Craigmore

There are 76 real estate agents in Craigmore, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 32.9% of all sales in the past year.

Commission rates in Craigmore typically range from 1.5% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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