Question 1

Is Ovingham a nice place to live?

Accepted Answer

Ovingham is a compact inner-northern pocket just beyond the city fringe, where weatherboard cottages and stone villas sit alongside contemporary townhouses and small-scale infill. The suburb attracts professionals, young families and downsizers who value quiet streets and ready access to green space, while cafes, restaurants and services in nearby Bowden and North Adelaide are close at hand.

It is a small community of 766 people with a median age of 36 and a median household income of $1,433 a week. Households are dominated by couple families, and dwellings are more often rented (56.9%) than owner-occupied (43.1%). Public transport is strong, with Ovingham station on the Gawler line and frequent buses along Torrens Road, and recent infrastructure works have upgraded the station, added a new bridge, landscaping and three pocket parks, with a small community garden planned and a permanent expanded dry area now in effect. Whether that mix suits you depends on what you are after in a suburb.

Question 2

Is it expensive to live in Ovingham?

Accepted Answer

Rents in Ovingham run to about $700 a week for houses and $470 a week for units. Against a typical local household income of $1,433 a week as recorded at the most recent Census, a house rent would take roughly 48.9% of that income and a unit about 32.8% (around a third).

On these figures, renting a house in Ovingham would take a large share of a typical local household's income at the last Census, while renting a unit would take a sizeable share. 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 Ovingham a good place to invest?

Accepted Answer

Over the past 12 months houses in Ovingham recorded a strong 15.7% rise in median value, while the rent those houses earn climbed a strong 17.6% over the same period.

Both capital growth and rental income for houses moved strongly this year, with rents edging slightly ahead of values. If rental income is your priority the rent change is the relevant number, while the value change is the figure to consider for capital growth; whether that balance suits you depends on your 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	15.7%	N/A
Sold Past 3 months	N/A	1
Median days on market Past 12 months	57	N/A
Average rent Past 12 months	$700	$470
Change in rent Past 12 months	17.6%	N/A

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