Question 1

Is Northfield a nice place to live?

Accepted Answer

Northfield is an established inner-northern Adelaide suburb with a quietly suburban feel, where single-storey post-war cottages and bungalow-style homes sit alongside more recent townhouses and infill developments. It attracts families and buyers after practical, affordable housing, with local shops, schools and sporting reserves on the doorstep. Parks and community facilities provide regular outdoor and recreational options, including Stockade Botanic Park with water features and an amphitheatre, and frequent bus services plus nearby arterial roads make travel to the city or neighbouring commercial centres straightforward.

The community is weighted towards couple families with children (51.2% of families). Northfield has a population of 5,043, a median age of 35 and a median total household income of $1,420 a week, roughly $73,840 a year. Owner-occupied homes are the most common tenure at 58.1% while 41.9% are rented. The council has also progressed local traffic treatments, including speed humps on Stirling Street, and a Light Industry Zone development plan amendment has been approved and consolidated for parts of the suburb.

Question 2

Is it expensive to live in Northfield?

Accepted Answer

Housing costs in Northfield sit high against local incomes recorded at the last Census. A house rent of $650 a week is about 46% of a typical local household's weekly income at the last Census ($1,420), which is a large share of income. The median house price of $923,000 works out to about 12.5 times a typical local household's annual income at the last Census, placing buying well above what people locally earned then.

If you are focused on renting the rent share is the most relevant number; if you are looking to buy the price multiple matters. On these figures both renting and buying would take a sizeable to large portion of a typical local household's income at the last Census, with buying particularly stretched in relation to annual income.

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 Northfield a good place to invest?

Accepted Answer

The standout figure for Northfield over the past 12 months is a 16.1% rise in median house values, a strong increase in what houses are worth. House rents rose 4.0% over the year, a modest gain, so capital growth has outpaced rental income on the house side during this period. Whether that balance fits your investment goals depends on your own objectives 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	$923K	N/A
Change in value Past 12 months	16.1%	N/A
Sold Past 3 months	16	N/A
Median days on market Past 12 months	67	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	4.0%	N/A

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