Question 1

Is Medindie a nice place to live?

Accepted Answer

Medindie is an established inner-northern suburb of quiet, tree-lined streets and substantial period homes on generous blocks, with a heritage feel from stone cottages and Federation villas set among mature gardens. Residents are largely professionals and families drawn to spacious houses and calm residential streets, while shops, cafes and sporting reserves in neighbouring North Adelaide and Prospect are close at hand. Good road and public transport links make the city readily accessible and nearby parklands provide walking routes and outdoor recreation. A small public pocket park has also been added within the suburb.

Medindie is a community of 1,175 people with a median age of 45. The typical household income is $3,750 a week, roughly $195,000 a year.

Family households are dominated by couples: couple families with children are the largest group at 50.8%, and together with couple families without children (38.4%) they make up about nine in ten families. One-parent families account for 10.7% of families.

Homes in Medindie are overwhelmingly owner-occupied, with 53.8% owned outright and 35.3% owned with a mortgage, while renters make up 10.9%.

Question 2

Is it expensive to live in Medindie?

Accepted Answer

A house rented in Medindie 5081 at about $1,250 a week would take roughly a third of a typical local household's weekly income as recorded at the most recent Census, about 33.3% of that income. On the figures, that is a sizeable share of a typical local household's income, so if you're renting rather than buying that rent share is the number that matters and whether it feels expensive depends 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 Medindie a good place to invest?

Accepted Answer

If you're weighing Medindie as an investment, the past year shows different moves for price and income. House values edged up 1.7% over the 12 months, while the rent those houses earn climbed 8.7% over the same period. That means rental income for houses was the stronger performer this year compared with capital growth; if rental return is your priority, that rent figure is the one that matters, whereas buyers focused on price growth saw only modest movement.

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	1.7%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	64	N/A
Average rent Past 12 months	$1250	N/A
Change in rent Past 12 months	8.7%	N/A

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