Question 1

Is New Port a nice place to live?

Accepted Answer

New Port is a compact coastal suburb on Adelaide’s north-western Lefevre Peninsula with a clear waterside character beside the Port River. Housing ranges from older cottages to modern waterfront apartments and townhouses, and foreshore reserves, boat access and quiet streets contribute to a village feel. There have been transport improvements into Port Adelaide and the suburb lies on the Outer Harbor rail corridor; the Outer Harbor Greenway runs through New Port and connects with the Semaphore Rail Trail, providing shared walking and cycling routes and better links to nearby shops and cafés.

It is a small community of 647 people with a median age of 41 and a median household income of $1,485 a week. Families are dominated by couple families without children (60.2%) and most homes are rented (60.9%) rather than owner-occupied. That mix makes New Port a choice for people after a coastal address and a relaxed maritime lifestyle, and for those who value easy access to local shops, trails and public transport; whether it suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in New Port?

Accepted Answer

Rents in New Port (SA 5015) take a large share of what a typical local household earned at the last Census. A house at $685 a week is about 46.1% of the median household weekly income at the last Census, while a unit at $550 a week is about 37.0% of that income. On these figures, renting a house would take a large share of a typical local household's income at the last Census and renting a unit would take a sizeable share.

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 New Port a good place to invest?

Accepted Answer

Over the past 12 months New Port’s capital picture was split by property type. Median house values fell sharply, down -43.4%, while median unit values rose 14.0%. For capital growth this year the two sides of the market moved in opposite directions.

Rents show a similar divergence. House rents edged up 0.7%, a slight rise, while unit rents jumped 10.0%, a strong increase. If rental income is your priority the unit side has been the stronger performer this year; whether that balance suits you depends on your own 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	-43.4%	14.0%
Sold Past 3 months	5	7
Median days on market Past 12 months	79	58
Average rent Past 12 months	$685	$550
Change in rent Past 12 months	0.7%	10.0%

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