Question 1

Is Mile End a nice place to live?

Accepted Answer

Mile End is an inner-west Adelaide suburb that mixes an urban, working-history feel with easy access to the city. Streets are a patchwork of single-storey workers' cottages and terraces alongside warehouse conversions and low-rise units, with pockets of light industrial and commercial activity near major roads. Residents are a mix of young professionals, couples and families who value inner-city convenience. Local cafes, corner shops and community green spaces are complemented by good public transport and a nearby train station, making commuting and trips into town straightforward.

About 4,536 people live in Mile End; the median age is 36 and median household income is $1,726 a week, roughly $89,750 a year. The suburb is strongly family-oriented, with around 77.2% of families as couples (37.5% with children, 39.7% without); one-parent families are 18.9% and other families 4.0%. Homes are mostly owner-occupied at 54.3% while 45.6% are rented. A major redevelopment of the Mile End Sports Complex is under way, with 26 outdoor netball courts already completed and a planned indoor multi-sport stadium with a 3,000-seat main court, and several transport upgrades are in progress around the station and bus depot.

Question 2

Is it expensive to live in Mile End?

Accepted Answer

Buying a house in Mile End sits at about 12.2 times a typical local household's annual income at the last Census. The median house price of $1,095,000 divided by the Census household income of $1,726 a week (about $89,752 a year) produces that multiple, which places buying well above what local households earned at the last Census.

Renting tells a different story. A house at $680 a week would take about 39.4% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $505 a week would take about 29.3%, a moderate share — so renting a unit looks less stretched against those Census incomes than buying a house. 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 Mile End a good place to invest?

Accepted Answer

Over the past 12 months rents and prices in Mile End moved in opposite directions. House values slipped slightly, down 1.2%, while unit values fell modestly, down 3.1%. Meanwhile house rents rose 7.9% and unit rents rose 9.8%.

For someone weighing Mile End up as an investment, the figures show a slight decline in capital values over the year alongside solid increases in rental income; unit rents climbed faster than house rents, even though unit values fell by more than house values. Whether that balance suits your objectives and circumstances is for you to decide.

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	$1.09M	N/A
Change in value Past 12 months	-1.2%	-3.1%
Sold Past 3 months	22	1
Median days on market Past 12 months	63	N/A
Average rent Past 12 months	$680	$505
Change in rent Past 12 months	7.9%	9.8%

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