Question 1

Is Exeter a nice place to live?

Accepted Answer

Exeter is a delightful suburb that offers a serene and community-focused lifestyle, making it a wonderful place to live. Nestled in the western suburbs of Adelaide, Exeter is known for its charming blend of traditional and contemporary homes, reflecting both its rich history and modern growth. The suburb exudes a peaceful seaside vibe, thanks to its proximity to the coast, which is a significant draw for families and retirees alike. The close-knit community and relaxed atmosphere make it an inviting place for those seeking a tranquil yet connected environment.

Families will find Exeter particularly appealing due to its safe and welcoming environment. The suburb offers easy access to a variety of amenities, including shopping, dining, and entertainment options, especially with the nearby Port Adelaide area providing a vibrant hub of activity. While Exeter may not boast the bustling nightlife of a city center, its charm lies in its suburban tranquility and the convenience of urban amenities just a short distance away. The suburb's proximity to the Semaphore beachfront and the established retail and dining strip on Semaphore Road further enhance its lifestyle appeal, offering plenty of opportunities for leisurely outings and family-friendly activities.

One of the trade-offs of living in Exeter is that while it enjoys a peaceful atmosphere, it may not have the same level of infrastructure development as some larger suburbs. However, the ongoing revitalization of nearby areas and the suburb's established rail and road links to the CBD ensure that residents remain well-connected. For those who appreciate a balance of suburban calm and accessibility to city conveniences, Exeter provides an ideal setting. Its strong sense of community, combined with the natural beauty of the coast, makes Exeter a truly charming place to call home.

Question 2

Is it expensive to live in Exeter?

Accepted Answer

Living in Exeter, Adelaide, can be seen as relatively affordable, especially when compared to other suburbs in the region. With the current median house and unit prices not available, it's challenging to provide a direct comparison to property purchasing costs. However, examining the rental market, the average rent for houses in Exeter is approximately $575 per week. This figure suggests that renting in Exeter could be a manageable option for many, particularly when considering the average full-time wage in South Australia is about $101,000 per year.

When comparing the median total household income in Exeter, which is $1,397 per week, to the average weekly earnings in South Australia of approximately $1,935, it appears that the local earnings are somewhat below the state average. Despite this, the cost of renting seems to align reasonably well with the income levels, making Exeter a potentially affordable place to live for those earning around the average wage in the area. If you're thinking of living in Exeter, it's worth considering these factors to determine if this suburb fits your financial situation and lifestyle preferences.

Question 3

Is Exeter a good place to invest?

Accepted Answer

Exeter presents a unique opportunity for investors seeking stability in the real estate market. While the median house and unit values have remained unchanged over the past year, the suburb offers a steady rental market, particularly for houses, which have seen a 5.9% increase in rent. This suggests a strong demand for rental properties, making it an attractive option for those looking to generate consistent rental income.

The lack of change in property values might initially seem like a downside, but it also indicates a level of market stability that can be appealing for risk-averse investors. Exeter's appeal lies in its potential for reliable rental returns, especially for houses, which can provide a steady income stream. The suburb's consistent rental demand, combined with its stable property values, makes it a solid choice for investors who prioritize income over rapid capital growth.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	6	3
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$615	N/A
Change in rent Past 12 months	5.1%	N/A

Get a property report and suburb profile for any property in Exeter

Exeter suburb profile

Exeter property market performance

Exeter demographics

Suburbs near Exeter

How does Exeter compare to nearby suburbs?

Choose the right real estate agents in Exeter

Get a head start and compare top local agents in Exeter

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market