Question 1

Is Hazelwood Park a nice place to live?

Accepted Answer

Hazelwood Park is a leafy, established eastern Adelaide suburb centred on the large Hazelwood Park reserve. First Creek runs through picnic lawns, shady gums, walking tracks and a popular playground, and the area around the park has a village atmosphere. The suburb is mainly residential, with quiet streets of single-storey character homes and renovated period cottages on generous blocks. Main roads and regular buses link residents to nearby shopping precincts and the city, and local facilities include the George Bolton Swimming Centre, the Wombat Waterhole playspace and upgraded public toilets near Olive Grove.

The community is weighted towards families, with 52.1% of families being couple families with children, and most homes are owner-occupied (82.3%). The reserve is managed under a master plan and conservation material for the State Heritage-listed park. Whether Hazelwood Park suits you will come down to whether you value immediate green space, quiet residential streets and established local facilities.

Question 2

Is it expensive to live in Hazelwood Park?

Accepted Answer

In Hazelwood Park the numbers point to a big gap between buying and renting. A median house price of $2,052,500 is about 17.2 times a typical local annual household income at the last Census. Rents run to $790 a week for houses and $520 a week for units, and against the Census weekly household income of $2,300 those rents are about 34.3% and 22.6% of income respectively.

On these figures, buying a house sits well above what local households earned at the last Census, while renting would take a sizeable share for a house and a moderate share for a unit; which matters most depends on whether you plan to buy or rent and on your own 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 Hazelwood Park a good place to invest?

Accepted Answer

Over the past 12 months in Hazelwood Park, median house values fell 8.8%, a notable decline, while the rent houses earn rose 9.0%, a solid increase. Unit rents also climbed 6.1% over the year, so house rent growth outpaced unit rent growth. That means house capital value and rental income moved in opposite directions this year, and which of those outcomes matters to you depends on whether you prioritise rental income or price appreciation.

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	$2.05M	N/A
Change in value Past 12 months	-8.8%	N/A
Sold Past 3 months	12	2
Median days on market Past 12 months	64	N/A
Average rent Past 12 months	$790	$520
Change in rent Past 12 months	9.0%	6.1%

Get a property report and suburb profile for any property in Hazelwood Park

Hazelwood Park suburb profile

Hazelwood Park property market performance

5 year median price trend for houses and units

Hazelwood Park demographics

Suburbs near Hazelwood Park

How does Hazelwood Park compare to nearby suburbs?

Choose the right real estate agents in Hazelwood Park

Get a head start and compare top local agents in Hazelwood Park

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market