Unley suburb profile
Unley is a charming and affluent suburb located just 4km south of Adelaide's CBD, known for its tree-lined streets and vibrant community atmosphere. This suburb offers a blend of historic character homes and modern developments, making it a desirable location for families and professionals. Unley Road is a bustling hub with a variety of boutique shops, cafes, and restaurants, providing residents with a lively shopping and dining experience. The suburb is well-served by public transport and boasts excellent schools and parks, contributing to its appeal as a convenient and attractive place to live.
Unley property market performance
Current median dwelling price$1,340,500Past 3 months
Property growth-1.1%Past 12 months
Unley’s property market has shown significant growth in house values over the past 12 months, with a 14.4% increase, bringing the median house price to approximately $1.71 million. However, the unit market has remained stagnant, with no change in median unit values. Over the last three months, 14 houses and 5 units have been sold, indicating a more active house market.
Houses in Unley are taking longer to sell, with a median of 61 days on the market, compared to 49 days for units, suggesting a quicker turnover in the unit market despite the lack of price growth. The rental market has seen minimal changes, with house rents increasing by just 0.3%, while unit rents have risen by 5.8%, reflecting a stronger demand for rental units.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.71M | N/A |
Change in value Past 12 months | 14.4% | -16.7% |
Sold Past 3 months | 14 | 5 |
Median days on market Past 12 months | 61 | 49 |
Average rent Past 12 months | $700 | $550 |
Change in rent Past 12 months | 0.3% | 5.8% |
5 year median price trend for houses and units
Unley demographics
Unley, a charming suburb located just south of Adelaide's city centre, is renowned for its leafy streets, heritage homes, and vibrant community atmosphere. With a population of 3,997, Unley offers a blend of urban convenience and suburban tranquility, making it an attractive choice for families, professionals, and retirees alike. The median age of 41 suggests a mature community, with many residents enjoying the suburb's proximity to the city while relishing a quieter lifestyle.
The suburb's housing landscape is diverse, with a significant portion of properties owned outright (35.7%), reflecting a stable and established community. Additionally, 27.8% of homes are owned with a mortgage, indicating a mix of long-term residents and newer homeowners. The rental market, comprising 36.5% of properties, caters to those seeking flexibility, including young professionals and families.
Family life in Unley is well-supported, with couple families with children making up 40.8% of the community, while couple families without children account for 43.9%. This balance highlights Unley's appeal to both growing families and those enjoying a quieter phase of life. The suburb's amenities, including parks, cafes, and boutique shopping, contribute to its reputation as a desirable place to live, offering a harmonious blend of lifestyle and convenience.
Unley infrastructure, key developments and investment opportunities
Unley continues to benefit from its position within the broader Unley Road and King William Road dining and retail precincts, where ongoing shopfront upgrades and small-scale mixed-use redevelopments are improving street appeal and walkability for residents.[5] Local council strategies emphasise maintaining a village-style main street character while encouraging higher-density residential and commercial uses around key transport corridors, which is likely to support medium- to long-term demand for townhouses and apartments.[7]
Council planning also focuses on enhancing open spaces, cycling links and pedestrian connections into the nearby parklands and Adelaide CBD, reinforcing Unley’s appeal for professionals and downsizers seeking an inner-urban lifestyle.[4][7] There are currently no major new transport or school projects specific to Unley beyond incremental upgrades, so property performance is expected to remain driven primarily by its established amenity, proximity to the city and gradual infill development rather than large-scale infrastructure change.[5][7]
Unley rental market trends
The rental market in Unley has shown modest growth, with house rents experiencing a slight increase of 0.3% over the past year to $700 per week, while unit rents have risen 5.8% to $550 per week. This steady demand highlights Unley's appeal as a desirable suburb for both renters and investors seeking stability and convenience in a well-established area.
Suburbs near Unley
Some popular suburbs near Unley include:
How does Unley compare to nearby suburbs?
- Median house prices: Unley’s median house price is 7.1% higher than Parkside’s.
- Median unit prices: Unley’s median unit price is 98.5% higher than Parkside’s.
- House price growth: Over the past 12 months, house prices in Unley have grown 8.2% higher than in Hyde Park.
- Unit price growth: Property prices in nearby Hyde Park have risen 11.1% more than in Unley over the past year.
- Selling speed for houses: Properties in Unley are selling 4.7% faster than in Hyde Park.
- Selling speed for units: Properties in Unley are selling 29.0% faster than in Parkside.
- Investment considerations: In Unley, the rental yield for house is 11.1% higher than the Adelaide average, while the rental yield for units is 12.0% higher.
- House price growth: Over the past 12 months, house prices in Unley have grown 75.0% higher than the average rate of growth across Adelaide.
- Unit price growth:Over the past 12 months, unit prices in Unley have grown 3.2% higher than the average rate of growth for units across Adelaide.

