Question 1

Is Maylands a nice place to live?

Accepted Answer

Maylands is an inner-eastern Adelaide suburb with a calm, residential character. Its streets are lined with mature trees and a mix of weatherboard cottages, postwar villas and sensitively scaled modern townhouses, giving the area a lived-in, village feel. The community of 1,508 people has a median age of 41 and is weighted towards couple families; it appeals to families, professionals and downsizers. Homes are mostly owner-occupied, with roughly two-thirds owned outright or with a mortgage.

Day-to-day life centres on small local parks, neighbourhood shops and regular bus links, while Norwood's café and shopping strip and larger retail and cultural amenities are a short trip away. The suburb has also seen recent upgrades to open space and active-transport links, including a redeveloped Cruickshank Reserve with new clubrooms, canteen and change rooms, and an upgraded section of the River Torrens Linear Park shared path.

Question 2

Is it expensive to live in Maylands?

Accepted Answer

Rents in Maylands sit at a noticeable share of local incomes. With a typical local household earning $1,832 a week as recorded at the most recent Census, the average house rent of $730 a week would take about 39.8% of that weekly income, a sizeable share, while the average unit rent of $520 a week would take about 28.4%, a moderate share. If you are renting, those rent shares are the most relevant numbers to consider when judging cost.

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 Maylands a good place to invest?

Accepted Answer

House values in Maylands climbed 37.7% over the past 12 months, a strong rise in what houses are worth. Rents rose more moderately: house rents increased 7.4% and unit rents increased 8.3%, both solid gains, with unit rents edging ahead of house rents.

For an investor, the 37.7% lift in house prices speaks to capital growth over the year, while the rent figures are the ones that matter for rental income. Whether that mix of strong house price growth and solid rent growth suits your needs depends on your 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	N/A	N/A
Change in value Past 12 months	37.7%	N/A
Sold Past 3 months	4	2
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$730	$520
Change in rent Past 12 months	7.4%	8.3%

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