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Netherby suburb profile

Netherby is a picturesque suburb located in the foothills of Adelaide, South Australia, offering a serene and leafy environment. Known for its spacious homes and tranquil streets, Netherby is a desirable location for families and professionals seeking a peaceful lifestyle. The suburb is conveniently situated near quality educational institutions, including the prestigious University of Adelaide's Waite Campus. With its proximity to the Adelaide CBD and easy access to public transport, Netherby provides a perfect balance of suburban tranquility and urban convenience. Its natural beauty and community-focused atmosphere make it a sought-after destination for residents.

Netherby property market performance

Netherby's property market has shown no change in median values for both houses and units over the past 12 months, with both remaining at $0. This stagnation is reflected in the limited sales activity, with only 6 houses and 2 units sold in the past year. The median days on market for houses is notably high at 80 days, indicating a slow-moving market, while units have not registered any days on market, suggesting a lack of activity in this segment.

The rental market in Netherby has also remained unchanged, with average rents for both houses and units at $0 over the last 12 months, and no percentage change in rental values. This stability in both sales and rental markets suggests a period of inactivity or transition in Netherby's property landscape.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-12.2%N/A
Sold
Past 3 months
62
Median days on market
Past 12 months
80N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Netherby demographics

Netherby, located in the leafy suburbs of Adelaide, is a serene and family-friendly area known for its spacious homes and tranquil environment. With a population of 1,510, it offers a peaceful lifestyle while still being conveniently close to the city. The median age of 43 suggests a mature community, with many residents likely enjoying the stability and comfort that comes with established family life.

The suburb is predominantly composed of couple families, with 51.2% having children and 40% without, indicating a strong family-oriented community. The presence of only 8.2% one-parent families and a minimal 0.7% of other family types further underscores the suburb's appeal to traditional family units. This demographic composition is complemented by the high median household income of $2,537 per week, reflecting the affluence and stability of the area.

Property ownership in Netherby is notably high, with 48.1% of homes owned outright and 35.6% owned with a mortgage. This suggests a stable housing market with long-term residents who value home ownership. Only 16.3% of properties are rented, highlighting the suburb's appeal to those seeking permanent residence rather than transient living arrangements. The combination of a strong community, high home ownership, and proximity to Adelaide's amenities makes Netherby an attractive choice for families and professionals seeking a balanced lifestyle.

Netherby infrastructure, key developments and investment opportunities

Netherby’s appeal is supported by its established inner-southern location, with easy access to Mitcham Square Shopping Centre, nearby employment hubs, and the city, all of which help underpin buyer demand. Its proximity to respected schools in surrounding suburbs also makes it attractive to families, supporting long-term housing competition.

No major new infrastructure or redevelopment projects affecting Netherby are evident in the current information, so the suburb’s property market is more likely to be driven by its established amenity, leafy streets, and limited supply of homes. This profile typically favours stable demand from owner-occupiers seeking convenience and lifestyle.

Netherby rental market trends

The rental market in Netherby has remained stable over the past year, with no change in both house and unit rents, which stand at $0 per week. This indicates a period of stagnation in rental demand or supply, making it a unique situation in the local market.

Suburbs near Netherby

Some popular suburbs near Netherby include:

How does Netherby compare to nearby suburbs?

  • Median house prices: Netherby’s median house price is 68.2% higher than Mitcham’s.
  • House price growth: Property prices in nearby Mitcham have risen 8.3% more than in Netherby over the past year.
  • Selling speed for houses: Properties in Netherby are selling 14.0% faster than in Urrbrae.
  • Selling speed for units: Properties in Netherby are selling 48.0% faster than in Mitcham.
  • House price growth: Over the past 12 months, house prices in Netherby have grown 95.2% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Netherby have grown 37.7% higher than the average rate of growth for units across Adelaide.

Common questions about Netherby

  • Is Netherby a nice place to live?

    Netherby is a charming and delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the picturesque foothills, it boasts a tranquil atmosphere with leafy streets and spacious homes that are perfect for families and professionals alike. The suburb exudes a peaceful vibe, providing residents with a retreat from the hustle and bustle of city life while still being conveniently close to the Adelaide CBD. This balance of suburban tranquility and urban convenience is one of Netherby's most appealing features.

    Families will find Netherby particularly attractive due to its proximity to quality educational institutions, including the prestigious University of Adelaide's Waite Campus. The suburb's community-focused atmosphere is complemented by its natural beauty, offering plenty of green spaces for outdoor activities and relaxation. While Netherby may not have the vibrant nightlife of inner-city areas, it more than makes up for it with its strong sense of community and the availability of local amenities such as shopping centres, cafes, and parks.

    Safety is generally not a major concern in Netherby, contributing to its appeal as a family-oriented suburb. However, one trade-off to consider is the limited availability of rental properties, as the area is predominantly composed of owner-occupied homes. This stability in the housing market reflects the suburb's appeal to those seeking long-term residence. Overall, Netherby is a fantastic choice for those who value a peaceful lifestyle, a strong community, and easy access to both nature and city amenities.

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  • Is it expensive to live in Netherby?

    Living in Netherby can be quite affordable, especially when compared to other suburbs in South Australia. With a median total household income of $2,537 per week, or approximately $132,000 annually, residents of Netherby earn significantly more than the broader South Australian average. This higher income level provides a comfortable buffer for the cost of living, even though specific property and rental prices are not currently available.

    While the exact housing costs in Netherby aren't provided, the substantial average income suggests that residents have more financial flexibility. This could mean that, even if property prices were on the higher end, the income levels in Netherby would likely make it more manageable for those living there. Overall, if you're considering living in Netherby, the higher average wage in the area indicates that it may not be as financially strenuous as other suburbs with lower income averages.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Netherby a good place to invest?

    Netherby presents a unique opportunity for investors who are looking for stability in their property portfolio. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. While this might not seem exciting at first glance, it indicates a level of market stability that can be appealing to those who prefer a steady, predictable investment environment.

    The lack of price fluctuation suggests that Netherby is a mature market with a consistent demand, which can be particularly attractive for investors seeking long-term rental income. The suburb's established nature and appeal to families and professionals contribute to its steady performance. While it may not offer rapid capital growth, the stability and reliability of the market make it a low-risk choice for those looking to invest in a suburb with a proven track record of maintaining its value.

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Choose the right real estate agents in Netherby

Choosing the right real estate agent in Netherby can have a big impact on your sale. While there are 24 real estate agents working in the suburb, but just 5 of them were responsible for 29.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.63% to 2.75%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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