Question 1

Is Eyre a nice place to live?

Accepted Answer

Eyre is a predominantly residential enclave in Adelaide’s northern suburbs with tidy single-storey brick homes and a growing supply of townhouse-style dwellings on modest blocks. Pocket parks, playgrounds and community ovals provide outdoor space, and the suburb attracts young families and people working in the broader northern precincts who value practical, easy-living streets. Arterial roads and regular bus services connect Eyre, while larger shopping and services are close by in nearby Elizabeth.

The community of 1,113 has a median age of 28 and is led by couple families with children, and about four in five homes are owner-occupied, most with a mortgage. Local facilities include Eyre Sports Park with clubrooms and ovals and the Eyre Reserve playground, and the council has road and sportsground projects planned for the area. Whether Eyre suits you comes down to whether a low-rise suburb of families with nearby facilities and straightforward transport fits what you want.

Question 2

Is it expensive to live in Eyre?

Accepted Answer

Buying a house in Eyre (SA 5121) sits well above local incomes on these figures: the median house price of $703,528 is about 8.0 times a typical local annual household income at the last Census. Renting is less stretched but still sizeable; the average house rent of $560 a week would take about 33.1% of a typical local household's weekly income at the last Census, so if you're renting that rent share is the most relevant affordability measure.

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 Eyre a good place to invest?

Accepted Answer

The most striking movement in Eyre over the past 12 months is the large jump in house prices: median house values rose 96.4%, a very large increase. House rents, by contrast, edged up 1.8% over the same period, so for houses the capital growth side has been the far stronger performer this year while rental income moved only marginally. Which of those outcomes matters to you will depend on whether you prioritise capital gains or rental income.

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	$704K	N/A
Change in value Past 12 months	96.4%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	$560	N/A
Change in rent Past 12 months	1.8%	N/A

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