Question 1

Is Fairview Park a nice place to live?

Accepted Answer

Fairview Park sits in the northern foothills of the Mount Lofty Ranges and is a quiet, leafy residential pocket of established detached homes on medium to large blocks, many with sloping front yards and pleasant valley outlooks. The community is about 3,800 people with a median age of 40 and is dominated by families. Homes are overwhelmingly owner-occupied, with about 91% owned outright or with a mortgage.

The suburb appeals to families and older residents who value a relaxed suburban lifestyle and easy access to local parks, walking trails and small shops, while larger shopping and community facilities are a short drive away. Regular bus services and nearby arterial roads link Fairview Park to surrounding centres and the area retains a low-density, semi-rural feel. The primary school is listed for an upgrade and the suburb is included in SA Water’s program to connect properties to the sewer network. Whether that suits you depends on whether you want space, established homes and a relaxed, low-density setting.

Question 2

Is it expensive to live in Fairview Park?

Accepted Answer

Buying in Fairview Park sits well above local incomes as recorded at the most recent Census. A median house price of $907,000 is about 9.1 times a typical local household's annual income at the last Census (weekly income $1,913 × 52 = $99,476). Renting a house at about $650 a week would take roughly 34% of a typical local household's weekly income at the last Census, which is a sizeable share.

If you are renting rather than buying, that rent share is the most relevant number; for prospective buyers the price multiple shows buying is notably above what people locally earned at the last Census. Whether those figures feel 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 Fairview Park a good place to invest?

Accepted Answer

House values in Fairview Park climbed 13.4% over the past 12 months, a strong rise. House rents also increased, up 8.3% over the year, a solid gain, so house prices grew faster than the rents those properties earned this year.

If you are weighing Fairview Park as an investment, the 13.4% figure is the capital growth measure and the 8.3% figure is the change in rental income; which of those matters most depends on your goals and circumstances.

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	$907K	N/A
Change in value Past 12 months	13.4%	N/A
Sold Past 3 months	19	N/A
Median days on market Past 12 months	50	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	8.3%	N/A

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