Question 1

Is Findon a nice place to live?

Accepted Answer

Findon is an established residential suburb in Adelaide’s inner west, with tree-lined streets and a mix of post-war cottages, bungalows and low-rise townhouses that give it a quietly lived-in feel. The community of 6,997 people has a median age of 37 and a median total household income of $1,424 a week (roughly $74,048 a year). The area is weighted towards families and has a higher share of owner-occupiers than renters, which contributes to its steady, domestic character.

Day-to-day life is supported by nearby parks and sports ovals, a modest shopping strip with larger retail centres close by, regular bus links to the city and other western suburbs, and the coast and foreshore within easy reach. Education options include Findon Technical College co-located with Findon High School, and local upgrades and community facilities such as Ray Street Reserve improvements and the Findon Community Centre are in progress. Whether Findon suits you depends on what you want from a suburb; it tends to appeal to families and downsizers looking for practical suburban living.

Question 2

Is it expensive to live in Findon?

Accepted Answer

Buying a house in Findon sits well above local incomes at the last Census. At a median house price of $1,037,500, that works out to about 14.0 times a typical local annual household income at the last Census. Renting is closer to household earnings but still takes a big slice: a house rent of $650 a week would use about 45.6% of a typical local household's weekly income at the last Census, which is a large share, and a unit rent of $530 a week would use about 37.2%, a sizeable share. If you are renting rather than buying, those rent shares are the most relevant numbers for comparing costs against local incomes.

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 Findon a good place to invest?

Accepted Answer

House values in Findon climbed 18.6% over the past year, a strong rise in what a house is worth. The rent those houses earn rose 4.8% over the same period, a modest increase, so for houses capital growth outpaced rental growth this year. Units tell a different short-term story: unit rents rose 8.2%, a solid gain, while unit values increased 3.7%, a modest rise, meaning rental income improved faster than capital for units. Which of those outcomes matters to you depends on whether you prioritise capital growth 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	$1.04M	N/A
Change in value Past 12 months	18.6%	3.7%
Sold Past 3 months	30	5
Median days on market Past 12 months	53	51
Average rent Past 12 months	$650	$530
Change in rent Past 12 months	4.8%	8.2%

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