Suburb Profile Report for Dulwich SA (5065)

Dulwich House: Median price $1,150,000, Annual capital growth 7.97%, Number of sales 20, Weekly median advertised rent $595

Dulwich Unit: Median price $300,500, Annual capital growth 11.72%, Number of sales 10, Weekly median advertised rent $298

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 323th in the list of Australian suburbs ordered by increase in median house value over the last year, Dulwich, 5065 is in the top 10% with a property value increase of 19.79% recorded in median house prices.

The five-year average increase in median property values for Dulwich,5065 has given property investors a potential capital gain of 40.93% across each of those five years.

The SA suburb of Dulwich, 5065 is in the Burnside local government area.

Over the last year, property investments in Dulwich, 5065 have given investors a capital gain of 5.07%. This compares favourably with the 4.05% for SA as a whole.

A $297.5 per week rent on the median house gives suburb investors a gross yield of circa 5.15%, without taking into account capital value appreciation, which has been averaging out at 11.72%.

Ashley Munchenberg Information supplied by:

Ashley Munchenberg
Scarce Real Estate

M 08 8332 1022
O 0411 661 999

Situated around 3km from Adelaide’s centre, next to Victoria Park Racecourse and Glenside Hospital, Dulwich is an affordable suburb in the mainland’s most affordable capital. Its median unit price is just below the citywide figure, and looks pretty favourable compared to neighbouring Glenside, Rose Park and especially Eastwood.Full summary

Situated around 3km from Adelaide’s centre, next to Victoria Park Racecourse and Glenside Hospital, Dulwich is an affordable suburb in the mainland’s most affordable capital. Its median unit price is just below the citywide figure, and looks pretty favourable compared to neighbouring Glenside, Rose Park and especially Eastwood.

“It’s a small suburb right on the city fringe,” notes Toop & Toop sales partner Simon Veitch. “But it’s undervalued compared to its neighbours such as the well regarded Rose Park.”

He adds that Dulwich’s name currently doesn’t carry the prestige that some of its neighbours does, but that once the ripple effect takes hold and it starts to make a name for itself its prices should start to come into line with the surrounding area. In the meantime, it offers some good opportunities for investors.

Its unit market in particular seems to be doing well for itself on the rental front, adds RP Data senior research analyst Cameron Kusher.

“The suburb is located adjacent to the CBD and is close to the Glenside hospital, creating additional rental demand,” he says.

“The suburb has its own neighbourhood local shopping and the proximity to the city centre means retail and dining is abundant in the nearby area. Indicative gross rental yields are also quite strong at the moment.”

Veitch adds that the overseas student market is particularly strong in Dulwich, with smaller one- to two-bedroom 1960s units renting well. These can be bought for around $300,000 and rent for $250 to $300 per week, he estimates.

“There are a string of units along the main Fullarton Road,” he says. “And these are doing well with students.”

Selling points: 

Dulwich is one of the most sought-after suburbs in South Australia. Its wide streets and renovated homes have been an attraction to upmarket buyers. Dulwich's close location to the Adelaide city centre, grand old houses and leafy tree-lined streets make it an attractive and sought-after suburb. It is built adjacent to Victoria Park; a former horse racing track now being transformed into one of Adelaide’s largest public parks. The suburb itself has a unique “village” feel with a centre of small specialist shops.
Most sought-after properties: 
The older Bungalow and Villa styled homes are the most sought after. There are several groups of units and flats on the main through roads of the suburb. Recent refurbishment of some older properties has seen updating of the suburb without changing the character of the area. This has kept demand high for quality, old style homes.
Most common properties:  
Traditional Bungalow and Villa styled homes. 
Top amenities: 
The suburb is centred on the Dulwich shops, a charming strip of coffee outlets, bakery, clothes shops and the upmarket home wares and fashion hub “One Rundle Trading Co”. 
Local industry and business:
Many business offices are based on the edge of Dulwich on Fullarton Road. These are mostly made up of service industry offices such as accountants, consultants and governing bodies.
Recent changes: 
Ongoing refurbishment and renewal of older homes without spoiling the character of the properties has maintained the status of the suburb. The Victoria Park redevelopment has added value to the suburb.
Best streets: 
Cleland Avenue
Ascot Avenue
Union Street
Stuart Road
Public transport: 
Major bus routes on the arterial roads surrounding the suburbs with a route through the centre of the suburb running along Dulwich Avenue
Metrics i HOUSE UNIT
$1,150,000 $300,500
15.00% N/A
19.79% 5.07%
7.97% 11.72%
$595 $298
20 10
2.69% 5.15%

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Dulwich SA
Total population 1640
Median household income ($/weekly) 1608
Median age of persons 39
Median housing loan repayment ($/monthly) 2054
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 232 14.1
    25-34 years 205 12.5
    35-44 years 246 15.0
    45-54 years 261 15.9
    55-64 years 233 14.2
    Others 464 28.3
    Age Group
    Census Count Percent(%)
    Registered Married 585 49.6
    Not Married 489 41.5
    Defacto Relationship 105 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1236 79.9
    Croatia 22 1.4
    Papua New Guinea 18 1.2
    United Kingdom 93 6.0
    Other 44 2.8
    Others 133 8.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 1.6
    Christianity 859 57.6
    Hinduism 11 0.7
    Islam 18 1.2
    No Religion 560 37.6
    Others 19 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 50 8.5
    $1,000-$1,249 54 9.2
    $1,500-$1,999 57 9.7
    $2,500-$2,999 79 13.4
    $3,000-$3,499 54 9.2
    Others 294 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 529 42.7
    Employed, worked part-time 315 25.4
    Not in the labour force 311 25.1
    Employed, away from work 55 4.4
    Unemployed, looking for work 30 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 158 17.6
    Professionals 371 41.4
    Community & personal service workers 67 7.5
    Clerical & administrative workers 127 14.2
    Sales 75 8.4
    Others 98 10.9
    Census Count Percent(%)
    Pre-school 20 4.6
    Infants/Primary 172 39.3
    Secondary 81 18.5
    Technical or Further Educational Institution 20 4.6
    University or other Tertiary Institutions 134 30.6
    Others 11 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1249 82.3
    Flat, unit or apartment 186 12.3
    Semi-detached, row or terrace house, townhouse 79 5.2
    Caravan, cabin, houseboat 3 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 214 34.3
    Fully owned 207 33.2
    Rented 199 31.9
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals