Question 1

Is Keswick a nice place to live?

Accepted Answer

Keswick is an inner-south Adelaide suburb with a close-to-city feel, beside the parklands and within easy reach of major event and civic precincts. Its streets mix worker cottages and interwar villas with pockets of newer apartment infill, attracting young professionals, downsizers and families who want inner-city convenience without high-rise density. Keswick is home to Keswick Barracks and borders well-used parks and sporting grounds, and main roads and public transport corridors provide straightforward links to shopping strips, cafes and central employment areas.

It is a small community of 754 people with a median age of 33 and families prominent in the local mix, with couple families with children making up 43.0% of families. Homes are more often rented than owner-occupied, with 54.3% rented. The area has seen major work as part of the Brown Hill Keswick Creek stormwater project, including a large detention wetland in Victoria Park / Pakapakanthi (Park 16), and planning has progressed for higher-density housing near the Adelaide Showgrounds rail terminal while longer-term redevelopment of the Keswick Barracks precinct is likely to include public open space. Whether Keswick suits you depends on if you value close-in convenience, nearby parks and a mix of housing types.

Question 2

Is it expensive to live in Keswick?

Accepted Answer

On the figures for Keswick (SA 5035), renting would take a sizeable to large share of a typical local household's income as recorded at the most recent Census. House rents of about $665 a week equal roughly 46.4% of the local median weekly household income of $1,432, which is a large share. Unit rents of about $480 a week equal roughly 33.6% of that weekly income, about a third and a sizeable share. If you're renting, those rent shares are the most relevant measures of affordability.

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 Keswick a good place to invest?

Accepted Answer

For someone considering Keswick as an investment, the numbers available here are on rents. Over the past year house rents climbed 10.8%, a strong rise, while unit rents rose 6.7%, a solid gain. On the rental side, houses have been the stronger performer this year.

Those rent movements show what rental income did over the last 12 months; whether that fits your investment goals and circumstances is something only you can decide. There isn't enough recent data here to say how property values moved over the same period.

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	N/A	N/A
Sold Past 3 months	10	3
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$665	$480
Change in rent Past 12 months	10.8%	6.7%

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