Question 1

Is Holden Hill a nice place to live?

Accepted Answer

Holden Hill is an established residential suburb in Adelaide’s north-eastern suburbs, with tree-lined streets and mostly single-storey brick and weatherboard homes from the mid to late 20th century. It attracts families, couples and downsizers who value quiet streets, local parks and sporting grounds, while renovated cottages and some newer infill add housing variety. The community numbers 3,716 people, has a median age of 37 and a median household income of $1,363 a week, and couple families with children are the largest household type; about 63.9% of homes are owner-occupied.

Everyday shopping and local schools are close at hand and larger retail centres are a short drive away. Regular bus services run along the main roads and a bus-only treatment on McKay Avenue has been retained, giving practical public transport links. The council has endorsed a neighbourhood plan and earmarked funding for precinct upgrades including a new playground at Maxlay Reserve, improvements to Illyarrie Reserve and court works at Modbury Tennis Club. Whether that mix suits you comes down to what you want from a suburb.

Question 2

Is it expensive to live in Holden Hill?

Accepted Answer

Buying a house in Holden Hill sits well above what a typical local household earned at the last Census. The median house price of $938,000 is about 13.2 times a typical local annual household income at the last Census ($1,363 a week × 52 = $70,876).

On the rental side, a house rent of $650 a week would take about 47.7% of a typical local household's weekly income at the last Census (a large share), while a unit rent of $500 a week would take about 36.7% (a sizeable share). 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 Holden Hill a good place to invest?

Accepted Answer

The standout over the past year in Holden Hill is house values, which climbed 13.2%, a strong rise in what a house here is worth.

Rents moved more modestly: house rents increased 3.2% while unit rents rose 4.6%, so rental income grew at a lower pace than house values. The figures show capital growth on the house side was the stronger performer this year, while unit rents rose a little faster than house rents. Whether that balance suits you depends on your own 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	$938K	N/A
Change in value Past 12 months	13.2%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	56	N/A
Average rent Past 12 months	$650	$500
Change in rent Past 12 months	3.2%	4.6%

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