Question 1

Is Findon a nice place to live?

Accepted Answer

Findon is a delightful suburb that offers a harmonious blend of urban convenience and suburban tranquility, making it a charming place to call home. Its community-oriented atmosphere is complemented by a variety of housing options, from classic bungalows to modern townhouses, catering to diverse lifestyles. The suburb is known for its welcoming vibe, attracting families, professionals, and retirees who appreciate its balanced lifestyle. With several parks and recreational facilities, Findon provides ample opportunities for outdoor activities, contributing to a vibrant and active community.

Families will find Findon particularly appealing due to its proximity to schools, healthcare services, and shopping centres. The suburb's location, just 6km west of Adelaide's CBD, ensures easy access to urban amenities while maintaining a peaceful suburban feel. Public transport options and major roads provide excellent connectivity to the city and surrounding areas, making daily commutes convenient. Safety is generally not a major concern, and the suburb's community spirit fosters a supportive environment for families of all structures.

While Findon offers many advantages, there are some trade-offs to consider. The ongoing infill and townhouse redevelopment have increased housing density, which might not appeal to those seeking a more spacious living environment. Additionally, while the suburb provides a comfortable standard of living, it lacks the nightlife and trendiness of inner-city areas. However, for those seeking a balanced lifestyle with access to both city life and suburban peace, Findon is an attractive option that continues to draw interest from a diverse range of residents.

Question 2

Is it expensive to live in Findon?

Accepted Answer

Living in Findon can be considered on the expensive side, especially when looking at property prices. The current median house price is around $1,002,500, which is quite significant. With no current data on unit prices, it's clear that houses dominate the market, and they come with a hefty price tag. Renting isn't exactly cheap either, with the average rent for houses sitting at $650 per week and units at $533 per week. These figures suggest that housing costs in Findon are relatively high.

When we compare these costs to the average wage in South Australia, which is approximately $1,935 per week, or about $101,000 per year, it becomes clear that living in Findon might require a substantial portion of one's income. The median weekly household income in Findon is $1,424, which is below the state's average wage. This discrepancy indicates that many residents might find it challenging to balance the cost of living, particularly housing, with their income levels.

Overall, while Findon offers a suburban lifestyle with the convenience of nearby amenities, the cost of living, especially regarding housing, is relatively high. If you're thinking of living in Findon, it's important to carefully consider your financial situation to ensure it aligns with the expenses associated with this suburb.

Question 3

Is Findon a good place to invest?

Accepted Answer

Findon is showing promising signs as a potential investment hotspot, particularly for those interested in houses. Over the last 12 months, the suburb has experienced a significant 22.8% increase in median house values, indicating strong demand and potential for capital growth. This surge suggests that Findon is becoming increasingly attractive to buyers, likely due to its appealing location and amenities.

While the median unit values have remained stable, the rental market for units has seen a notable 13.4% increase in rent over the past year. This suggests a growing demand for rental properties, making units an appealing option for investors seeking rental income. The rental market for houses has also seen a healthy 4.8% increase, further highlighting the suburb's appeal to renters.

Overall, Findon presents a compelling opportunity for investors, particularly those focused on houses, given the strong capital growth and rental demand. The stability in unit values, coupled with rising rents, also offers a solid option for those looking to invest in units. With its promising growth trends, Findon is certainly worth considering for anyone looking to invest in the real estate market.

	Houses	Units
Median price Past 3 months	$1.02M	N/A
Change in value Past 12 months	22.4%	5.1%
Sold Past 3 months	30	4
Median days on market Past 12 months	53	51
Average rent Past 12 months	$650	$533
Change in rent Past 12 months	4.8%	11.0%

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

Findon suburb profile

Findon property market performance

5 year median price trend for houses and units

Findon demographics

Suburbs near Findon

How does Findon compare to nearby suburbs?

Choose the right real estate agents in Findon

Get a head start and compare top local agents in Findon

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market