Question 1

Is Thebarton a nice place to live?

Accepted Answer

Thebarton sits on the River Torrens in Adelaide’s inner west and has an urban, lived-in character. Streets mix weatherboard cottages and Victorian terraces with low-rise apartments, pockets of light industry and creative workshops, which gives the area an eclectic feel. Thebarton Theatre is a long-running live music and events landmark, and locals enjoy riverside parkland, small cafés and pubs. Port Road provides a transport spine with tram and bus connections nearby, so the city is easy to reach. The suburb appeals to long-term residents, young professionals and anyone after inner-city convenience without living in the CBD.

Thebarton has 1,442 people, a median age of 39 and a median household income of $1,429 a week (about $74,308 a year). Homes are slightly more often owner-occupied (51.2%) than rented (48.8%), and families are varied, with couple families without children 39.5% and with children 36.1%. Two major public projects are planned or under way: the Southwark Grounds masterplan for the former West End Brewery site, proposing around 1,000 new homes (about 20% affordable), public open space and restored industrial elements; and the Thebarton Oval Precinct redevelopment proposing new training and administration facilities, upgraded ovals and continued community access.

Question 2

Is it expensive to live in Thebarton?

Accepted Answer

House rents in Thebarton sit at about $688 a week. Against a typical local household's weekly income as recorded at the most recent Census ($1,429 a week), that rent would take roughly 48% of a household's income, which is a large share.

If you're looking at renting, that rent share is the key number to watch; whether it feels expensive will depend 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 Thebarton a good place to invest?

Accepted Answer

House rents in Thebarton edged up 1.2% over the past year. If rental income is your priority, that slight rise is the figure to focus on — it represents a marginal increase in what houses are earning from rent over the year. Whether that suits your investment goals depends on your own circumstances and objectives.

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	N/A	N/A
Sold Past 3 months	9	1
Median days on market Past 12 months	91	N/A
Average rent Past 12 months	$688	N/A
Change in rent Past 12 months	1.2%	N/A

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