Question 1

Is Erindale a nice place to live?

Accepted Answer

Erindale is a small, established inner-southern pocket with quiet, tree-lined streets and a domestic scale. Housing is largely early to mid 20th century weatherboard cottages and brick bungalows on mature garden blocks, with some contemporary infill that fits the streetscape. It attracts families and professionals who want a peaceful suburban feel while still having local shops, parks and public transport into the city within easy reach. Local reserves and established trees give the area a green, residential character rather than a commercial one.

Demographically it leans towards families, with couples with children making up 49.1% of family households and couple families without children a further 37.7%, and most homes are owner-occupied (an 87.9% owner-occupied share). The suburb has a median age of 48 and a median total household income of $2,364 a week. The City of Burnside is also running a precinct planning study and community consultation to explore streetscape, accessibility and active-transport improvements for the area.

Question 2

Is it expensive to live in Erindale?

Accepted Answer

House rents in Erindale sit at about $770 a week. Against a typical local household income of $2,364 a week as recorded at the most recent Census, that rent would take roughly 32.6% of income, which is a sizeable share of a typical household's weekly earnings. If you are renting, that rent-share is the most relevant figure when judging how costly it will feel to live here; whether it feels expensive depends 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 Erindale a good place to invest?

Accepted Answer

House prices were the standout in Erindale, rising 18.9% over the past 12 months, a strong increase in house values. Over the same period, house rents edged down 1.7%, a slight fall in the rental income those houses earn.

If you are weighing Erindale as an investment, the figures show the year leaned toward capital growth for houses while rental income from houses slipped slightly. Whether that balance suits your goals and circumstances is for you to decide.

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	N/A	N/A
Change in value Past 12 months	18.9%	N/A
Sold Past 3 months	3	1
Median days on market Past 12 months	117	N/A
Average rent Past 12 months	$770	N/A
Change in rent Past 12 months	-1.7%	N/A

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