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Thebarton suburb profile

Thebarton is a vibrant inner-western suburb of Adelaide, located just 3km from the city centre. Known for its blend of industrial heritage and modern urban living, Thebarton offers a unique mix of character homes, contemporary apartments, and commercial spaces. The suburb is home to the iconic Thebarton Theatre, a popular venue for live music and events, and the historic West End Brewery. With its proximity to the River Torrens, residents enjoy access to scenic walking and cycling paths. Thebarton's diverse community, local eateries, and easy access to public transport make it a desirable location for professionals and families alike.

Thebarton property market performance

Thebarton's property market has remained stable over the past 12 months, with no change in median house or unit values. The median house price has held steady at $1.15 million, while unit prices have not been recorded, indicating limited activity in the unit market.

Sales activity has been modest, with 20 houses and just 1 unit sold in the past 12 months. Houses are taking longer to sell, with a median of 91 days on the market, suggesting a slower pace in buyer decision-making.

The rental market in Thebarton has also seen no significant changes, with average house rents remaining at $650 and no recorded data for unit rents, reflecting a stable rental environment.

HousesUnits
Median price
Past 3 months
$1.15MN/A
Change in value
Past 12 months
N/AN/A
Sold
Past 3 months
201
Median days on market
Past 12 months
91N/A
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
-5.1%N/A

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Thebarton demographics

Thebarton, a suburb located just west of Adelaide's city centre, is known for its rich history and vibrant community. With a population of 1,442, Thebarton offers a blend of urban convenience and suburban charm. The median age of 39 suggests a mature community, with a mix of families, professionals, and long-term residents who appreciate the suburb's proximity to the city while enjoying a quieter lifestyle.

Thebarton's housing landscape is diverse, with nearly half of the properties being rented, indicating a flexible living environment that appeals to both transient residents and those seeking long-term accommodation. The suburb's family composition is varied, with 36.1% of families being couples with children and 39.5% being couples without children. This balance reflects Thebarton's appeal to both young families and older couples who value the suburb's community feel and accessibility.

Thebarton is also characterized by its mix of property ownership, with 25.5% of homes owned outright and 25.7% owned with a mortgage. This indicates a stable housing market with opportunities for both new buyers and established homeowners. The suburb's median household income of $1,429 per week aligns with its diverse demographic, supporting a comfortable lifestyle for its residents. Thebarton's unique blend of history, community, and convenience makes it a desirable location for those seeking a balanced urban-suburban lifestyle.

Thebarton infrastructure, key developments and investment opportunities

Thebarton is set to change significantly with the former West End Brewery site earmarked for a major new suburb-style redevelopment, including around 1,300 homes and new public spaces. This scale of infill development is likely to lift local amenity and increase buyer interest, while also adding more housing supply over time.

The suburb already benefits from its close proximity to the Adelaide CBD, River Torrens parklands and major inner-west lifestyle amenities, which continue to support demand from both owner-occupiers and investors. Ongoing redevelopment activity across nearby industrial and commercial sites should further strengthen Thebarton’s long-term appeal, particularly for buyers seeking a well-located inner-city fringe market.

Thebarton rental market trends

The rental market in Thebarton has remained stable, with house rents holding steady at $650 per week over the past year. Unit rents have not shown any change, indicating a consistent rental environment. Thebarton offers a balanced market, providing opportunities for renters seeking stability in a well-established suburb.

Suburbs near Thebarton

Some popular suburbs near Thebarton include:

How does Thebarton compare to nearby suburbs?

  • Median house prices: Thebarton’s median house price is 1.3% higher than Mile End’s.
  • Selling speed for houses: Properties in nearby Torrensville are selling 28.6% faster than in Thebarton.
  • House price growth: Over the past 12 months, house prices in Thebarton have grown 33.1% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Thebarton have grown 51.5% higher than the average rate of growth for units across Adelaide.

Common questions about Thebarton

  • Is Thebarton a nice place to live?

    Thebarton is a charming suburb that offers a delightful blend of urban convenience and suburban tranquility. With its close proximity to Adelaide's city centre, it provides residents with easy access to a range of amenities, making it an attractive choice for families and professionals alike. The suburb is known for its vibrant community atmosphere, where a mix of character homes and modern apartments cater to diverse living preferences. Thebarton boasts a lively cultural scene, with local eateries and cafes adding to its appeal, while the nearby River Torrens offers scenic walking and cycling paths for outdoor enthusiasts.

    Families will find Thebarton particularly appealing due to its strong sense of community and accessibility to quality schools and parks. The suburb's safety and welcoming environment make it a great place to raise children. However, living in Thebarton does come with some trade-offs. While the suburb offers a quieter lifestyle compared to the bustling city centre, it may lack the extensive nightlife options found in more central areas. Additionally, the ongoing redevelopment projects in the area may lead to temporary disruptions, but they also promise to enhance local amenities and increase housing options in the long run.

    Overall, Thebarton is a fantastic place to live for those seeking a balanced lifestyle with the convenience of city living and the charm of a close-knit community. Its vibrant culture, proximity to the CBD, and family-friendly environment make it a desirable location for a wide range of residents. Whether you're a young family, a professional, or someone looking for a peaceful yet connected suburb, Thebarton offers a unique and appealing living experience.

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  • Is it expensive to live in Thebarton?

    Living in Thebarton can be quite pricey, especially when it comes to housing. The median house price in this inner-west suburb of Adelaide is currently around $1,150,000. This is significantly higher than the average property prices in many other parts of Adelaide. If you're considering renting instead of buying, the average rent for houses in Thebarton is about $650 per week, which is also on the higher side compared to other Adelaide suburbs.

    When you look at the income side of things, the median total household income in Thebarton is $1,429 per week. This is a bit lower than what might be expected to comfortably afford the high property prices and rents in the area. Comparing this to the average full-time salary in Adelaide, which is around $84,000 per year, it becomes clear that living in Thebarton could demand a significant portion of one's income, especially if you're aiming to own a home.

    Overall, while Thebarton offers the convenience of being close to Adelaide's city center and has its own unique charm, the cost of living, particularly in terms of housing, is relatively high. If you're thinking of living in Thebarton, it's important to consider your financial situation and whether it aligns with the expenses associated with this vibrant suburb.

    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 Thebarton a good place to invest?

    Thebarton presents a unique investment opportunity, particularly for those who value stability and potential future growth. While the recent CoreLogic data indicates that there hasn't been a change in median house or unit values, nor in rental prices over the past year, this stability can be seen as a positive aspect for investors seeking a low-risk environment. Thebarton's proximity to the city center and its rich cultural vibe make it an attractive location for young professionals and students, which could drive demand in the future.

    Moreover, Thebarton is known for its vibrant community and historical charm, which adds to its appeal. The suburb's infrastructure, including public transport and amenities, supports a convenient lifestyle, making it a desirable place to live. While the current data shows no immediate growth, the suburb's inherent qualities and strategic location suggest potential for long-term appreciation. For investors looking for a steady and reliable market, Thebarton offers a promising prospect with its balanced mix of lifestyle and accessibility.

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Choose the right real estate agents in Thebarton

Currently, there are 13 real estate agents working in Thebarton—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 13 agents sold 74.3% of all properties in Thebarton over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Thebarton typically charge a commission of 1.19% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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