Question 1

Is Firle a nice place to live?

Accepted Answer

Firle is a small, established inner-eastern Adelaide suburb with a quietly residential feel. Mature street trees and single-storey post-war cottages sit alongside pockets of newer townhouses. Streets are calm, regular bus services link to the city and nearby suburbs, and eastern shopping and dining precincts such as Norwood are close by. Local parks and sporting reserves provide green space for recreation.

About 1,508 people live in Firle; the median age is 39 and the typical household income is $1,488 a week. Families make up the bulk of households and around three in five homes (62.1%) are owner-occupied, while 37.9% are rented. Council programs affecting the suburb include stormwater and reserve upgrades, traffic-management design work, an upgrade to Adey Reserve playground, and a redevelopment of the nearby Payneham Memorial Swimming Centre with new indoor pools and a 10-lane 50-m outdoor pool plus proposed improvements at Patterson Reserve and a pedestrian bridge over Third Creek. That mix of settled housing, parks, public transport and nearby shops tends to suit families, professionals and downsizers; whether Firle is right for you depends on what you value.

Question 2

Is it expensive to live in Firle?

Accepted Answer

In Firle, a typical local household earned $1,488 a week as recorded at the most recent Census. Renting a house at about $650 a week would take roughly 43.7% of that weekly income, a large share, while renting a unit at about $500 a week would take roughly 33.6% of that income, a sizeable share. For renters, those percentages show how housing costs relate to what households in Firle earned at the most recent Census; whether that feels 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 Firle a good place to invest?

Accepted Answer

The standout movement in Firle this year is a sharp fall in house values, down 10.3% over the past 12 months. That change reflects capital growth for houses, while house rents moved the other way, climbing a solid 5.7% over the same period.

Unit rents rose a modest 2.0% over the year. If rental income is your priority, the house rent increase is the most relevant figure; if capital growth is your focus, the drop in house values is the key number. Which of those outcomes matters to you 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	N/A	N/A
Change in value Past 12 months	-10.3%	N/A
Sold Past 3 months	3	1
Median days on market Past 12 months	107	N/A
Average rent Past 12 months	$650	$500
Change in rent Past 12 months	5.7%	2.0%

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