Walkerville
One square kilometre, 2,867 people, and a median house price of $2,207,500 makes Walkerville one of the most expensive and concentrated pockets of wealth in Adelaide. The suburb scores decile 9 on three of four SEIFA indexes, placing it in the top 10% nationally for advantage. University qualifications reach 56.8%, which is 26.7 percentage points above the national figure, and the median age of 47 is 7 years above national. With 40.7% of dwellings owned outright and a vacancy rate of 10.3%, this is a suburb where established, debt-free owners dominate and turnover stays low. Overseas-born residents account for 32%, a figure 10.4 points above the national average.
Population
2,867
Median Age
47.0
Household IncomeiMedian weekly household income (ABS Census)
$1,911/wk
DAs (12 months)iDevelopment Applications lodged in the past year
39
Median House
$2.2M
Median 1Q 2026
The median house price of $2,207,500 as of 1Q 2026 represents a slight 1.9% decline from $2,250,000 in 1Q 2025, suggesting the market has cooled from its peak rather than fallen structurally. Only 50.1% of dwellings are separate houses, with semi-detached homes making up 29.8% and apartments 19.7%, so buyers competing for a freestanding house face constrained supply in a 1.22 sq km boundary. Three-bedroom homes account for 28.9% of stock and 4-plus bedroom dwellings represent 28%, meaning larger family homes are relatively plentiful compared to many inner suburbs. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of 26.2%, which sits below the 30% stress threshold despite the premium price point.
For Buyers
The median house price of $2,207,500 as of 1Q 2026 represents a slight 1.9% decline from $2,250,000 in 1Q 2025, suggesting the market has cooled from its peak rather than fallen structurally. Only 50.1% of dwellings are separate houses, with semi-detached homes making up 29.8% and apartments 19.7%, so buyers competing for a freestanding house face constrained supply in a 1.22 sq km boundary. Three-bedroom homes account for 28.9% of stock and 4-plus bedroom dwellings represent 28%, meaning larger family homes are relatively plentiful compared to many inner suburbs. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of 26.2%, which sits below the 30% stress threshold despite the premium price point.
For Investors
A 34.3% renter share provides a steady tenant pool, yet the 10.3% vacancy rate is elevated and warrants caution, particularly in the apartment segment which makes up 19.7% of dwellings. Weekly rent of $373 against a $2,207,500 median implies a gross yield below 1%, low even compared to other premium Adelaide suburbs. Overseas migration drives demand growth at an average net of 173 residents annually, while net internal migration is effectively flat at minus 1, so population growth depends almost entirely on international arrivals. Development activity recorded 36 applications in the past 12 months, including commercial conversions and residential works, which signals organic renewal rather than speculative supply growth.
Development Activity
Total DAs
206
Last 12 Months
39
YoY ChangeiYear-over-year change in DA lodgements
+30.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Walkerville iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Andrew's School
R-6 · 376 students
Walkerville Primary School
R-6 · 548 students
St Monica's Parish School
R-6 · 192 students
Demographics
The median age of 47 is 7 years above the national figure, and the aging trajectory is clear: the senior share rose 3 points over the decade while the working-age share fell 1.9 points. Overseas-born residents at 32% exceed the national proportion by 10.4 percentage points, with Chinese ancestry (296 residents) ranking third behind English (1,031) and ahead of Irish (253) and Scottish (246). University qualifications at 56.8% run 26.7 points above national, reflecting the Professionals-heavy workforce where 554 residents work in professional occupations and 225 as Managers. Average household size is 2.2, which is 0.3 below the national figure, consistent with the 31.4% couples-without-children household profile.
Age Distribution
Bedrooms
Dwelling Structure
50.1%
Houses
29.8%
Townhouse
19.7%
Apartment
Tenure
Tenure favours long-held ownership: 40.7% of residents own their home outright, compared to only 25% carrying a mortgage. That ratio, with outright owners outnumbering mortgage holders by 1.6 to 1, signals a resident base of established, debt-free wealth rather than recent entrants. The renting share of 34.3% supports a functional rental market. Stock is skewed away from apartments at 19.7%, with semi-detached homes unusually prominent at 29.8%, giving a varied stock profile for an inner suburb. Bedroom distribution leans toward larger homes, with 28.9% having 3 bedrooms and 28% having 4 or more, compared to 32.2% at 2 bedrooms. Rent-to-income at 19.5% keeps tenants below stress levels, a factor that supports rental retention.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,167
Rent / wk
$373
HH Size
2.2
Personal Income / wk
$981
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
10.3%
Unoccupied
132
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
26.2%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
31.4%
Couples, no children
1,955
Total families
Economy & Employment
Healthcare dominates employment at 27.5% of workers, nearly double the share of the second-ranked Professional/Tech sector at 13.5%, reflecting Walkerville's proximity to major Adelaide medical precincts. Education follows at 11.6% and Public Admin at 7.5%. By occupation, Professionals (554) and Managers (225) account for the largest groups, consistent with the decile 9 IEO score for education and occupation advantage. Unemployment is low at 4.2% and the full-time employment rate is 60.6%. The IER (economic resources) score sits at decile 7, below the decile 9 reading on IRSD and IRSAD, because the 34.3% renter share and below-average household size temper aggregate wealth measures relative to purely owner-occupier wealthy suburbs.
Unemployment
3.1%
Labour Force
4,775
Unemployed
147
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
60.6%
Part-time
35.2%
Participation
51.4%
Employed
1,203
Occupations
Top Industries
University
56.8%
Postgraduate
17.9%
Born Overseas
32.0%
Dwellings
1,155
Transport to Work
Car dependency is high at 77.1% of commuters driving, while only 8.3% use public transport and 6.6% walk or cycle, typical for an inner-Adelaide suburb without heavy rail access. The suburb scores decile 9 on IRSAD nationally, placing it in the top tier for overall socioeconomic advantage. Volunteering reaches 20.7%, above most comparable SA suburbs, and rent-to-income at 19.5% keeps tenants below the stress threshold. The need-for-assistance rate is 8.7% (239 residents), elevated relative to the suburb's socioeconomic standing and reflecting the older median age of 47. No schools are recorded within the 1.22 sq km boundary, meaning families rely on institutions in adjacent suburbs, a trade-off common to compact, premium inner suburbs.
Drive
77.1%
Public Transport
8.3%
Walk / Cycle
6.6%
Work from Home
N/A
Population Forecast
+0.97%/yr
(+84 people/yr)
EstablishedWalkerville is classified as an established suburb growing at 0.97% annually, adding approximately 84 persons per year. The 10-year population change was 14.6% and medium forecasts project the broader SA2 rising from 8,673 in 2025 to 9,081 by 2031. The primary growth driver is overseas migration, averaging 173 net arrivals annually, compared to net internal migration of minus 1. Affordability has held steady, moving from 39.7% in 2011 to 38.0% in 2021, a stable rather than deteriorating trajectory. The gentrification score of 34 and stage of early signs reflects that the suburb already sits at decile 9 advantage, with modest upward pressure from the 19% population increase since 2011 rather than dramatic structural change.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+173
Net Internal / yr
-1
Gentrification Signal
Not gentrifying
Population +19% since 2011
Safety & Crime
Total Offences
247
Year ending June 2024
Rate per 1,000 People
86.2
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Walkerville compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Walkerville a good suburb to live in?
Walkerville ranks in decile 9 on SEIFA IRSAD, IEO and IRSD, placing it in the top 10% nationally for socioeconomic advantage. University qualifications reach 56.8%, which is 26.7 points above the national average. Household income sits in the 71.4th percentile nationally. The main trade-offs are a high $2,207,500 median house price and a 10.3% vacancy rate.
What is the median house price in Walkerville?
The median house price is $2,207,500 as of 1Q 2026, down 1.9% from $2,250,000 in 1Q 2025. Weekly rent averages $373 and monthly mortgage repayments run around $2,167, giving a mortgage-to-income ratio of 26.2%, below the 30% stress threshold.
What schools are in Walkerville?
No schools are recorded inside the 1.22 sq km Walkerville boundary in this dataset. Families rely on schools in neighbouring suburbs. The local population is highly educated, with 56.8% holding university qualifications, which is 26.7 percentage points above the national figure.
Is Walkerville safe?
Walkerville recorded 247 total crimes in the reference period, giving a crime rate of 86.2 per 1,000 residents. As a broader indicator, the suburb scores decile 9 on the IRSD index of relative disadvantage nationally, placing it in the top tier for low disadvantage. Only 8.7% of residents (239 people) need daily assistance.
Is Walkerville good for property investment?
Rent of $373 a week against a $2,207,500 median implies a gross yield below 1%, which is low. The 10.3% vacancy rate signals some oversupply, particularly in apartments at 19.7% of stock. However, net overseas migration of 173 residents annually supports steady demand, and the suburb's decile 9 SEIFA standing offers capital preservation appeal over yield-driven returns.
How is Walkerville's population changing?
Annual population growth is 0.97%, adding around 84 persons per year. The 10-year population change was 14.6%. Medium forecasts project the broader area reaching 9,081 by 2031, up from 8,673 in 2025. Overseas migration averaging 173 net arrivals annually is the sole positive driver, with net internal migration near zero.
What languages are spoken in Walkerville?
About 32% of residents were born overseas, which is 10.4 percentage points above the national figure. English dominates, with Mandarin (49 speakers), Cantonese (24), Italian (23) and Punjabi (15) the most common non-English languages, reflecting a modest but internationally diverse resident mix.
How much development activity is there in Walkerville?
There were 36 development applications lodged in the past 12 months. Recent examples include a commercial conversion from recreation facility to a shop and cafe, and a double-storey consulting rooms and office building. This level of activity is moderate for a 1.22 sq km suburb and indicates steady renewal rather than speculative construction.
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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