Question 1

Is Klemzig a nice place to live?

Accepted Answer

Klemzig sits in Adelaide’s inner-northern suburbs as a compact residential pocket of tree-lined streets, post-war brick and weatherboard cottages and pockets of low-rise units. It edges the River Torrens Linear Park with riverside reserves, playgrounds and continuous walking and cycling trails, and has a modest local shopping strip. The Klemzig Interchange on the O-Bahn gives direct public transport into the city and easy access to arterial roads, which makes the suburb convenient for commuters.

The neighbourhood attracts established families, commuters and retirees. Couple families with children are the largest group at 43.8% and, together with couple families without children, make up just over eight in ten households. Most homes are owner-occupied (a combined 57.7%) while renters are 42.3%, so there is a mix of long-term owners and renters. Council-led works and reserve upgrades are under way, including change-room and playspace improvements along the river and at local sports reserves. Whether Klemzig suits you comes down to how much you value nearby green space, public transport and an established, family-oriented suburb.

Question 2

Is it expensive to live in Klemzig?

Accepted Answer

Buying in Klemzig is stretched against local incomes. The median house price of $1,168,888 works out to about 15.1 times a typical local annual household income at the last Census, which sits well above local incomes.

Renting also takes a large share of what local households earned at the last Census: a house at $650 a week would use about 43.7% of a typical local weekly household income (a large share), while a unit at $520 a week would use about 34.9% (a sizeable share). So on these figures, renting is less stretched than buying.

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 Klemzig a good place to invest?

Accepted Answer

Units were the clear standout in Klemzig over the past 12 months. Unit values climbed 16.5% and unit rents rose 15.6%, both large increases. House values also rose strongly, up 11.4%, while house rents increased more modestly, up 3.2%.

If rental income is your priority, the 15.6% rise in unit rents is the most relevant figure. If capital growth matters more, unit values outpaced house values this year. Whether that pattern fits your investment goals and circumstances is for you to judge.

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	$1.17M	N/A
Change in value Past 12 months	11.4%	16.5%
Sold Past 3 months	31	7
Median days on market Past 12 months	57	48
Average rent Past 12 months	$650	$520
Change in rent Past 12 months	3.2%	15.6%

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