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Findon, SA 5023

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,040,000

market range $550K-$1.3M

Median Unit

$645,000

market range $600K-$675K

Gross Yield (units)

4.7%

1yr Growth (houses)

+14.3%

market range +7.5% to +20.0%

Investment snapshot for Findon

Findon has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Findon market and investor summary

Findon (SA 5023) runs a median house price of $1.0M. House prices have moved +14.3% over the past year and +33.9% over three years. At 1.0% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking.

Living in Findon: people, income and schools

Findon is home to around 6,997 people, and the area has been growing steadily, up about 7% over five years. The median age is 40, skewed a little older, and families account for 63% of households.

Households here earn a median of about $74,000 a year, or roughly $1,420 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 14.0 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 55 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 7.1 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 63 for walkability and 8 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
6,997
+7% over 5yr
Median age
40 years
Median household income
$74,000/yr
Households renting
36%
Family households
63%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
55
avg ICSEA 978
Unemployment
2.9%
Distance to CBD
7.1 km
Walk score
63/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Findon

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Frequently asked questions about Findon

What should I check before investing in Findon?

Findon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +14.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Findon?

The median property price in Findon, SA 5023 is $1.0M for houses and $645K for units.

What rental yield does Findon show?

The gross rental yield in Findon is 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Findon?

House prices in Findon are up 14.3% over the past year and up 33.9% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Findon?

The current vacancy rate in Findon is 1.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Findon?

Findon has a population of approximately 6,997 residents, with a median age of 40.

What schools are near Findon?

There are 55 schools within roughly 5km of Findon. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Findon affordable to buy in?

A median house in Findon costs about 14.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Findon's population growing?

The population of Findon has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Findon from the CBD?

Findon is about 7.1 km from the CBD.

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