Hyde Park
A $2.1 million median house price in a suburb of 1,660 residents packed into 0.6 square kilometres signals something unusual about Hyde Park. Household income sits in the 83.9th percentile nationally, and 63.2% of residents hold university qualifications, which is 33.1 percentage points above the national figure. The suburb skews older, with a median age of 45 compared to the national median of 40, a gap that explains both the high outright ownership rate of 39.8% and a population of mainly established households. With 76% of residents staying put between census periods, this is a stable, affluent inner-Adelaide enclave rather than a high-turnover rental market.
Population
1,660
Median Age
45.0
Household IncomeiMedian weekly household income (ABS Census)
$2,208/wk
DAs (12 months)iDevelopment Applications lodged in the past year
25
Median House
$2.1M
Median 1Q 2026
The $2.1 million median house price as of 1Q 2026 represents a significant correction from the $2.75 million peak recorded in 1Q 2025, a fall of 23.6% over 12 months. Buyers entering now pay considerably less than the peak, though at $2.1 million the market remains among Adelaide's most expensive. Separate houses make up 64.8% of dwellings, with semi-detached at 16.4% and apartments at 17.5%, giving buyers genuine detached-house options. Three-bedroom homes are the most common at 40.1%, followed by two-bedroom at 29.7% and four-plus at 26.1%. Monthly mortgage repayments average $2,300, and the mortgage-to-income ratio sits at 24.1%, below the 30% stress threshold, because the household income base is strong at the 83.9th percentile nationally.
For Buyers
The $2.1 million median house price as of 1Q 2026 represents a significant correction from the $2.75 million peak recorded in 1Q 2025, a fall of 23.6% over 12 months. Buyers entering now pay considerably less than the peak, though at $2.1 million the market remains among Adelaide's most expensive. Separate houses make up 64.8% of dwellings, with semi-detached at 16.4% and apartments at 17.5%, giving buyers genuine detached-house options. Three-bedroom homes are the most common at 40.1%, followed by two-bedroom at 29.7% and four-plus at 26.1%. Monthly mortgage repayments average $2,300, and the mortgage-to-income ratio sits at 24.1%, below the 30% stress threshold, because the household income base is strong at the 83.9th percentile nationally.
For Investors
The rental market here is thin but stable. Weekly rents of $390 against a $2.1 million median imply a gross yield under 1%, so investment returns depend almost entirely on capital growth rather than income. The vacancy rate of 8.1% is elevated, suggesting supply outstrips current rental demand in this small suburb. Renters make up 28.9% of the 1,660 residents, a modest pool for a suburb of this income level. Development activity logged 23 applications in the past 12 months, mostly alterations and fencing rather than new dwellings, consistent with an established suburb where new supply is constrained. The 24% turnover rate means roughly a quarter of properties change hands within each census cycle, providing intermittent buying opportunities at a market that corrected 23.6% from its 2025 peak.
Development Activity
Total DAs
189
Last 12 Months
25
YoY ChangeiYear-over-year change in DA lodgements
-16.7%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Hyde Park iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Walford Anglican School for Girls
R-12 · 400 students
Demographics
The median age of 45 is 5 years above the national figure, reflecting a resident base that is largely settled and established. University qualifications reach 63.2%, which is 33.1 percentage points higher than the national average, among the most educated populations in South Australia. The overseas-born share is 25.1%, which is 3.5 percentage points above national. English ancestry dominates at 642 residents, followed by Scottish (203) and Irish (171), while Italian (117) adds a European dimension. Average household size of 2.2 is 0.3 below national, consistent with the couples-without-children profile, with 34.5% of families in that category. Only 3.4% of residents need daily assistance, a low figure even for a relatively affluent suburb.
Age Distribution
Bedrooms
Dwelling Structure
64.8%
Houses
16.4%
Townhouse
17.5%
Apartment
Tenure
The price trend is the defining story: Hyde Park peaked at $2,747,500 in 1Q 2025 and recorded $2,100,000 in 1Q 2026, a 23.6% decline over 12 months. Tenure reflects long-term wealth accumulation, with 39.8% owning outright and only 31.3% carrying a mortgage, a ratio that shows most housing here is held debt-free by established owners. Renters account for 28.9% of households. The stock is predominantly separate houses at 64.8%, with apartments at 17.5% and semi-detached at 16.4%. Three-bedroom dwellings lead at 40.1%, with four-plus at 26.1% signalling families and upsizers as the core buyer type. Rent-to-income sits at 17.7%, well below the 30% stress threshold, so rental affordability is not a pressure point for tenants here.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,300
Rent / wk
$390
HH Size
2.2
Personal Income / wk
$1,133
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
8.1%
Unoccupied
61
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
17.7%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
34.5%
Couples, no children
1,251
Total families
Economy & Employment
Healthcare leads local employment at 23.3% of workers (151 people), reflecting proximity to Adelaide's hospital precinct. Professional and technical services follow at 17.7% (115 workers), with Education at 10.2% (66) and Public Administration at 7.4% (48). By occupation, Professionals are the largest group at 330 workers, ahead of Managers at 186, which aligns with the high university qualification rate of 63.2%. The full-time employment rate is 61.4% and unemployment sits at just 3.8%, lower than the national average. Participation at 59.5% is moderate, partly because 489 residents are not in the labour force, consistent with the older median age of 45. Income at the 83.9th percentile nationally confirms that the labour market here skews toward higher-paying knowledge and health roles.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
61.4%
Part-time
34.8%
Participation
59.5%
Employed
808
Occupations
Top Industries
University
63.2%
Postgraduate
17.9%
Born Overseas
25.1%
Dwellings
697
Transport to Work
Car reliance is high, with 78.1% of residents driving to work, above the pattern for inner suburbs, while 11.0% walk or cycle and just 6.6% use public transport. Crime recorded 72 incidents, a rate of 43.4 per 1,000 residents, which should be read in the context of a small population of 1,660 where even a modest number of incidents can inflate the per-thousand rate compared to larger suburbs. No schools are recorded within the Hyde Park boundary, so families depend on institutions in neighbouring Unley and Parkside. The volunteering rate of 22.0% is above average, consistent with an engaged, established community. Rent-to-income at 17.7% is comfortable for tenants, and mortgage-to-income at 24.1% sits below the stress threshold despite the $2.1 million median, because household incomes rank in the 83.9th percentile nationally.
Drive
78.1%
Public Transport
6.6%
Walk / Cycle
11.0%
Work from Home
N/A
Safety & Crime
Total Offences
72
Year ending June 2024
Rate per 1,000 People
43.4
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Hyde Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Hyde Park a good suburb to live in?
Hyde Park consistently attracts established, high-income households. Household income sits in the 83.9th percentile nationally, 63.2% of residents hold university qualifications, and 76% of residents remained between census periods, indicating genuine long-term satisfaction. The main trade-off is a $2.1 million median house price with no schools recorded inside the boundary.
What is the median house price in Hyde Park?
The median house price was $2,100,000 as of 1Q 2026, down 23.6% from the $2,747,500 peak recorded in 1Q 2025. Weekly rent averages $390 and monthly mortgage repayments run approximately $2,300, giving a mortgage-to-income ratio of 24.1%, below the 30% stress threshold.
What schools are in Hyde Park?
No schools are recorded within the Hyde Park 5061 boundary in this dataset. Families rely on schools in adjacent suburbs such as Unley and Parkside. The local population is highly educated at 63.2% holding university qualifications, which is 33.1 percentage points above the national average.
Is Hyde Park safe?
Crime totalled 72 incidents in the recorded period, giving a rate of 43.4 per 1,000 residents. As context, the suburb has only 1,660 people in 0.6 square kilometres, so a small number of incidents raises the per-thousand rate more than it would in a larger suburb. Just 3.4% of residents, about 55 people, require daily assistance.
Is Hyde Park good for property investment?
The investment case is challenging on yield: weekly rent of $390 against a $2.1 million median implies a gross yield under 1%, and the vacancy rate of 8.1% is above the typical comfort level. The 23.6% price correction from the 2025 peak may interest buyers seeking entry below previous highs, but returns are primarily capital-growth dependent rather than income-driven.
How is Hyde Park's population changing?
Hyde Park has 1,660 residents in a 0.6 square kilometre footprint, leaving virtually no room for population growth through new supply. The suburb's 24% turnover rate and 76% resident retention between periods point to a stable rather than expanding community. The median age of 45 is 5 years above the national figure, reflecting a long-settled, aging resident base.
How much development is happening in Hyde Park?
There were 23 development applications lodged in the past 12 months. Recent examples include boundary fencing, commercial signage alterations, and a carport installation, consistent with an established suburb where activity centres on property improvements rather than new dwellings. New supply is constrained by the suburb's small 0.6 square kilometre area.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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