Question 1

Is Fulham Gardens a nice place to live?

Accepted Answer

Fulham Gardens is an established suburb in Adelaide’s western suburbs, set inland from Henley Beach and beside the West Lakes precinct. It is mostly single-storey brick and weatherboard homes on generous blocks, with many mid-century houses alongside renovated properties and tree-lined streets that create a settled suburban feel. Residents have easy access to shopping and leisure at West Lakes, the Henley foreshore, and a network of parks, sporting grounds and neighbourhood shops. Regular bus services and straightforward road links make the city and other western suburbs easy to reach.

About 6,573 people live in Fulham Gardens, the median age is 45, and the community is largely made up of families, with most dwellings owner-occupied (77.5%) and renters at 22.5%. Local civic facilities include Fulham Gardens Primary School. The City of Charles Sturt has delivered a stormwater detention basin and pump station as part of a Gleneagles Reserve program, and council has set aside funding for reserve improvements, with further works and a public-toilet artwork installation planned. A proposal to rename Tatura Reserve was not supported, so it will retain its name. Whether that mix suits you depends on what you are looking for in a suburb.

Question 2

Is it expensive to live in Fulham Gardens?

Accepted Answer

On the figures for Fulham Gardens, the median house price of $1,442,500 works out to about 17.4 times a typical local household's annual income at the last Census (weekly household income $1,595, annual $82,940). That puts buying a house well above local incomes on these measures.

If you're renting, a house rent of $750 a week would take roughly 47.0% of a typical local household's weekly income at the last Census, while a unit rent of $550 a week would take about 34.4%. So renting a house would take a large share of a typical local household's income and renting a unit would take a sizeable share; compared with buying, renting looks materially less stretched 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 Fulham Gardens a good place to invest?

Accepted Answer

A standout from the past year in Fulham Gardens is the strong rise in house values, which climbed 22.2% over the 12 months. Rents also moved higher: house rents increased 7.1% and unit rents increased 10.0%. Put simply, house capital growth this year outpaced rental growth for houses, and unit rents rose faster than house rents. If capital growth is your priority, the house value movement is the most relevant figure; if rental income matters more, the rent changes are the key numbers to consider. Whether that balance suits your goals and circumstances is for you to weigh up.

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	$1.44M	N/A
Change in value Past 12 months	22.2%	N/A
Sold Past 3 months	30	4
Median days on market Past 12 months	69	N/A
Average rent Past 12 months	$750	$550
Change in rent Past 12 months	7.1%	10.0%

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