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Gilberton suburb profile

Gilberton is a charming suburb located just 4km northeast of Adelaide's CBD, known for its picturesque streets and serene atmosphere. Nestled along the banks of the River Torrens, it offers a blend of historic homes and modern residences, attracting families and professionals seeking a peaceful yet convenient lifestyle. The suburb is well-connected to the city and surrounding areas, with easy access to public transport and major roadways. Gilberton's proximity to the Linear Park Trail and local amenities, including shopping and dining options, enhances its appeal as a desirable residential area.

Gilberton property market performance

Current median dwelling price$1,357,693.5Past 3 months

Gilberton’s property market has remained stable over the past 12 months, with no change in the median values for both houses and units. Despite this, there has been some sales activity, with 8 houses and 8 units sold in the past year. Houses have a median time on market of 41 days, while units have not been on the market recently, indicating limited supply or demand in the unit sector.

The rental market in Gilberton has shown significant growth, with house rents increasing by 18.8% and unit rents rising by 10% over the last 12 months. The average rent for houses is $790, while units average $550, reflecting strong demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-3.8%N/A
Sold
Past 3 months
88
Median days on market
Past 12 months
41N/A
Average rent
Past 12 months
$790$550
Change in rent
Past 12 months
18.8%10.0%

5 year median price trend for houses and units

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Gilberton demographics

Gilberton, a charming suburb located just north of Adelaide's city centre, offers a serene and picturesque environment for its residents. With a population of 1,528, it is a small yet vibrant community that appeals to a diverse range of people. The median age of 43 suggests a mature population, with many families and long-term residents enjoying the suburb's peaceful atmosphere and proximity to the city.

The suburb's housing landscape is varied, with a significant portion of properties owned outright (36.6%), reflecting a stable and established community. Additionally, 23.8% of homes are owned with a mortgage, indicating a mix of new homeowners and those who have settled in the area for the long term. Renting is also a popular option, with 39.6% of properties being rented, catering to those who prefer flexibility or are new to the area.

Family life in Gilberton is well-represented, with 32.8% of households being couple families with children and 54.5% being couple families without children. This balance highlights the suburb's appeal to both young families and older couples who appreciate the quiet, community-focused lifestyle. The presence of one-parent families (9.2%) and other family types (3.5%) adds to the suburb's diverse demographic, creating a welcoming and inclusive environment for all residents.

Gilberton infrastructure, key developments and investment opportunities

Gilberton benefits from its proximity to the River Torrens Linear Park, providing extensive walking and cycling trails that enhance lifestyle appeal and support strong demand from buyers seeking access to green open space and recreation.[2][5] The suburb is also within easy reach of the cafes, restaurants and retail along nearby Melbourne Street and Walkerville Terrace, where a large new shopping complex is under construction, likely to further improve local amenity and underpin buyer interest once completed.[5]

Access to multiple well-regarded schools, including nearby public and private options such as Walkerville Primary, Adelaide Botanic High, St Andrew’s, Wilderness and St Peter’s College, continues to make Gilberton attractive to family purchasers.[5][6] Frequent bus services along Walkerville Terrace and the short commute to the CBD provide strong transport connectivity without the need for major new infrastructure, supporting ongoing desirability and price resilience in this tightly held, predominantly residential suburb.[5][6]

Gilberton rental market trends

The rental market in Gilberton has experienced significant growth, with house rents increasing by 18.8% over the past year to $790 per week, while unit rents have risen 10% to $550 per week. This upward trend reflects strong demand and makes Gilberton an attractive option for both renters and investors seeking promising returns in a well-connected suburb.

Suburbs near Gilberton

Some popular suburbs near Gilberton include:

How does Gilberton compare to nearby suburbs?

  • Median house prices: Gilberton’s median house price is 14.3% lower than Walkerville’s.
  • Median unit prices: Gilberton’s median unit price is 124.4% higher than Walkerville’s.
  • House price growth: Property prices in nearby Walkerville have risen 20.8% more than in Gilberton over the past year.
  • Selling speed for houses: Properties in Gilberton are selling 51.2% faster than in Walkerville.
  • Investment considerations: In Gilberton, the rental yield for house is 25.4% higher than the Adelaide average, while the rental yield for units is 12.0% higher.
  • House price growth: Over the past 12 months, house prices in Gilberton have grown 53.8% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Gilberton have grown 110.8% higher than the average rate of growth for units across Adelaide.

Common questions about Gilberton

  • Is Gilberton a nice place to live?

    Gilberton is a delightful suburb that offers a serene and picturesque environment, making it a wonderful place to live. Its proximity to Adelaide's CBD, just a short 4km away, ensures that residents enjoy the convenience of city life while residing in a peaceful, community-focused area. The suburb is known for its charming streets lined with a mix of historic and modern homes, which attract families and professionals alike. The presence of the River Torrens and the Linear Park Trail provides ample opportunities for outdoor activities, such as walking and cycling, adding to the suburb's appeal for those who love nature and recreation.

    Families find Gilberton particularly attractive due to its access to a range of well-regarded schools, both public and private, which cater to various educational needs. The suburb's strong sense of community and safety make it an ideal place for raising children. While Gilberton offers a peaceful lifestyle, it is not without its trade-offs. The suburb's desirability and proximity to the city mean that property prices can be higher, and the housing market is competitive. However, the benefits of living in such a charming and well-connected area often outweigh these considerations.

    Residents of Gilberton enjoy easy access to a variety of amenities, including shopping, dining, and entertainment options along nearby Melbourne Street and Walkerville Terrace. The ongoing development of a large shopping complex is set to enhance local amenities further. While the suburb may not offer the bustling nightlife of inner-city areas, its quiet charm and community spirit provide a welcoming environment for families and individuals seeking a balanced lifestyle. Overall, Gilberton is a fantastic choice for those who value a peaceful setting with the convenience of city proximity and a strong community atmosphere.

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  • Is it expensive to live in Gilberton?

    Living in Gilberton, a charming inner suburb of Adelaide, can be quite a mixed bag when it comes to expenses. While the current median house and unit prices aren't available, the rental market provides some insight into the cost of living. For those considering renting, the average rent for houses is about $790 per week, and for units, it's around $550 weekly. These figures suggest that renting in Gilberton is on the higher side, especially when compared to the average full-time wage in Adelaide, which is approximately $85,000 per year.

    The median total household income in Gilberton is $1,789 per week, which is relatively high compared to the state average. This indicates that the suburb tends to attract residents with higher-than-average incomes, which can drive up the cost of living. If you are thinking of living in Gilberton, it's essential to consider your financial situation and whether it aligns with the rental costs and lifestyle expenses associated with this desirable suburb. While Gilberton offers a convenient location and a pleasant living environment, the cost of living, particularly in terms of rent, may be a significant factor to weigh in your decision-making process.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Gilberton a good place to invest?

    Gilberton presents an intriguing opportunity for property investors, particularly those interested in rental income. While the median house and unit values have remained stable over the past year, the rental market tells a different story. With an impressive 18.8% increase in house rents and a 10% rise in unit rents, Gilberton is clearly experiencing strong demand from renters. This suggests that the suburb is becoming increasingly attractive to tenants, which can be a positive indicator for investors seeking consistent rental returns.

    The stability in property values, combined with the significant growth in rental prices, indicates that Gilberton is a suburb with a solid rental market. This could be particularly appealing for investors looking for reliable rental income rather than immediate capital gains. The suburb's charm and proximity to amenities likely contribute to its desirability, making it a potentially wise choice for those focusing on rental yield. Overall, Gilberton offers a promising investment landscape for those prioritizing rental income and long-term stability.

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Choose the right real estate agents in Gilberton

Currently, there are 13 real estate agents working in Gilberton—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 13 agents sold 85.7% of all properties in Gilberton over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Gilberton typically charge a commission of 1.5% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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