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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Population growth drivers in Walkerville are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Walkerville's population, as of November 2025, is approximately 8,575. This figure represents an increase of 552 people since the 2021 Census, which recorded a population of 8,023. The increase is inferred from ABS estimated resident population data: 8,562 in June 2024 and 26 validated new addresses since the Census date. This results in a population density of 2,429 persons per square kilometer, placing Walkerville in the upper quartile nationally according to AreaSearch's assessments. The area's growth rate of 6.9% since the 2021 census exceeds that of its SA3 region (6.2%). Overseas migration contributed approximately 83.5% of recent population gains.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, the SA State Government's Regional/LGA projections are adopted, adjusted using weighted aggregation from LGA to SA2 levels. Based on these projections, Walkerville is expected to experience above median population growth nationally, with an increase of 1,450 persons by 2041, representing a total increase of 16.8% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Walkerville among the top 25% of areas assessed nationwide
Walkerville averaged approximately 72 new dwelling approvals annually over the past five financial years, totalling 364 homes. As of FY-26, 11 approvals have been recorded. On average, each new dwelling constructed between FY-21 and FY-25 accommodated about 1.4 new residents per year. This suggests a balanced supply and demand dynamic, maintaining stable market conditions.
The average construction cost value for new properties was around $644,000, indicating a focus on the premium segment. In FY-26, commercial development approvals totalled approximately $20.7 million, reflecting moderate levels of commercial activity. Compared to Greater Adelaide, Walkerville exhibited slightly higher development levels, at 23.0% above the regional average per person over the five-year period, offering good buyer choice while supporting property values. Recent building activity showed a shift towards compact living, with 61.0% attached dwellings compared to the current housing mix of 66.0% houses. This change reflects reduced development site availability and evolving lifestyle demands and affordability requirements.
With around 170 people per dwelling approval, Walkerville exhibits growth area characteristics. Population forecasts indicate an addition of 1,437 residents by 2041. Given current development patterns, new housing supply should meet demand, potentially facilitating population growth beyond projections.
Frequently Asked Questions - Development
Infrastructure
Walkerville has limited levels of nearby infrastructure activity, ranking in the 14thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 18 projects that may affect this region. Notable ones include The Buckingham, Prospect Corner, 87 Melbourne Street Mixed-Use Development, and North Adelaide Golf Course Links Precinct Masterplan. Below is a list detailing those most likely to be relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Festival Plaza Tower 2
Adelaide's first skyscraper - a 38-storey, 160m commercial tower featuring 50,000 sqm of office space across 36 floors, 1,000 sqm of retail including restaurants, cafes and bars, a signature rooftop bar and restaurant with panoramic views of Adelaide Hills, and 800 sqm of additional public realm. Set to become Adelaide's largest and most sustainable commercial building, targeting 6 Star NABERS Energy rating and carbon neutrality by 2028. This will be the largest all-electric commercial building in South Australia with the city's largest solar array.
Calvary North Adelaide Hospital Redevelopment
Major $100m+ redevelopment and expansion of the private Calvary North Adelaide Hospital including a new theatre complex, expanded maternity and birthing suites, and additional inpatient beds.
Prospect Lifestyle Precinct
The Prospect Lifestyle Precinct Masterplan aims to revitalize Prospect Oval, Memorial Gardens, and surrounding areas into a vibrant health, wellness, fitness, and sporting precinct. Key features include expanded open green spaces, a new indoor sport and recreational facility, upgraded sporting amenities, improved accessibility, and high-quality mixed-use development opportunities to enhance community usage, sporting participation, and economic development while ensuring financial sustainability through partnerships and commercial returns.
274-275 North Terrace Development Site
Premium 2,800sqm triple-street frontage development site opposite Lot Fourteen. Potential for Adelaide's tallest tower with mixed-use development including residential apartments, build-to-rent, hotel, student accommodation, retail and commercial space.
Prospect Corner
Prospect Corner is transforming a 2.36-hectare former Kaufland site into a vibrant master-planned community with 208 new homes, including 108 multi-storey townhouses and 100 affordable rental apartments. With 55% affordable housing under HomeSeeker SA, the development features 7-Star energy-rated townhomes, extensive tree planting, community garden, barbecue facilities, outdoor gym, and nature play area. Located adjacent to Islington Railway Station, it provides well-connected, inclusive living. Construction commenced in Q3 2024, with first residents expected in Q4 2025.
North Adelaide Golf Course Links Precinct Masterplan
Major masterplanned mixed-use precinct on 5.5 hectares of underutilised public land adjacent to North Adelaide Golf Course, including residential, aged care, hotel and public open space (approved 2024).
Uniting on Devonport (UnitingSA Prospect Housing)
40-dwelling affordable housing development by UnitingSA providing quality accommodation including social housing, affordable rentals, and specialist disability apartments. Four-storey development with internal landscaped courtyard completed in March 2025.
87 Melbourne Street Mixed-Use Development
Boutique 6-level development featuring 22 luxury apartments above ground-floor retail on prominent Melbourne Street corner.
Employment
AreaSearch assessment positions Walkerville ahead of most Australian regions for employment performance
Walkerville has a highly educated workforce with strong representation in professional services. Its unemployment rate is 3.0%, lower than Greater Adelaide's 4.0%.
In the past year, estimated employment growth was 1.7%. As of June 2025, there are 4,528 residents employed, with an unemployment rate of 1.0% below Greater Adelaide's and workforce participation similar to Greater Adelaide's 61.7%. Leading industries include health care & social assistance, professional & technical services, and education & training. Walkerville specializes in health care & social assistance, with employment share at 1.3 times the regional level.
Construction has limited presence, with only 5.5% employment compared to the regional average of 8.7%. The area appears to offer limited local employment opportunities. Between June 2024 and June 2025, employment increased by 1.7%, while labour force grew by 1.7%, keeping unemployment relatively stable at 3.0%. In comparison, Greater Adelaide saw employment rise by 2.1% and unemployment increase marginally. Jobs and Skills Australia's national employment forecasts from May 2025 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Walkerville's employment mix suggests local growth of approximately 7.5% over five years and 15.2% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Walkerville's median income among taxpayers was $62,795 in financial year 2022, according to ATO data aggregated by AreaSearch. The average income stood at $115,248 during the same period. These figures compare to those for Greater Adelaide, which were $52,592 and $64,886 respectively. Based on Wage Price Index growth of 12.83% since financial year 2022, estimated median income is approximately $70,852 as of September 2025. The estimated average income for the same period is around $130,034. Census data shows household, family and personal incomes in Walkerville cluster around the 74th percentile nationally. Income analysis reveals that 26.2% of locals (2,246 people) fall into the $1,500 - 2,999 weekly income category. This reflects patterns seen regionally where 31.8% similarly occupy this range. Higher earners make up a substantial presence with 35.5% exceeding $3,000 weekly, indicating strong purchasing power within the community. After housing costs, residents retain 87.7% of their income. The area's SEIFA income ranking places it in the 9th decile nationally.
Frequently Asked Questions - Income
Housing
Walkerville displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Walkerville's housing structure, as per the latest Census, had 65.8% houses and 34.3% other dwellings (semi-detached, apartments, 'other' dwellings). Adelaide metro had 66.2% houses and 33.7% other dwellings. Home ownership in Walkerville was 42.6%, with mortgaged dwellings at 28.9% and rented ones at 28.5%. The median monthly mortgage repayment was $2,167, higher than Adelaide metro's $2,000. Median weekly rent in Walkerville was $380, compared to Adelaide metro's $345. Nationally, Walkerville's mortgage repayments were significantly higher at $2,167 versus the Australian average of $1,863, and rents exceeded the national figure of $375 at $380.
Frequently Asked Questions - Housing
Household Composition
Walkerville features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households constitute 66.2% of all households, including 28.1% couples with children, 29.8% couples without children, and 7.3% single parent families. Non-family households account for the remaining 33.8%, with lone person households at 30.0% and group households comprising 3.8%. The median household size is 2.3 people, which is smaller than the Greater Adelaide average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
Walkerville shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Walkerville's educational attainment is notably higher than broader benchmarks. Among residents aged 15 and above, 48.6% hold university qualifications, compared to 25.7% in South Australia (SA) and 28.9% in the Greater Adelaide area. This significant educational advantage positions Walkerville strongly for knowledge-based opportunities. Bachelor degrees are the most common at 30.1%, followed by postgraduate qualifications at 14.3% and graduate diplomas at 4.2%.
Vocational pathways account for 21.9% of qualifications among those aged 15 and above, with advanced diplomas making up 9.8% and certificates 12.1%. Educational participation is high, with 29.0% of residents currently enrolled in formal education. This includes 8.6% in tertiary education, 8.4% in primary education, and 7.7% pursuing secondary education. Walkerville's five schools have a combined enrollment of 2,391 students as of the latest data. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1140. The educational mix includes four primary schools and one K-12 school. As an education hub, Walkerville provides 27.9 school places per 100 residents, significantly above the regional average of 16.6, attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Walkerville has 42 active public transport stops, all of which are bus stops. These stops are served by 29 different routes that together facilitate 2,608 weekly passenger trips. The accessibility to these stops is excellent, with residents typically located just 176 meters from the nearest one.
On average, there are 372 trips per day across all routes, which works out to approximately 62 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Walkerville's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts
Walkerville's health data shows positive results with low prevalence of common conditions across all ages. Private health cover stands at 78%, compared to Greater Adelaide's 64.0% and Australia's average of 55.3%. Common conditions include arthritis (7.9%) and mental health issues (6.4%), while 71.3% report no medical ailments, similar to Greater Adelaide's 72.6%.
Residents aged 65+ make up 23.6%, higher than Greater Adelaide's 17.9%. Health outcomes among seniors are notably strong, outperforming the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Walkerville was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Walkerville was found to be more culturally diverse than most local markets, with 30.6% of its population born overseas and 24.1% speaking a language other than English at home. The dominant religion in Walkerville is Christianity, comprising 48.1% of the population. Hinduism is overrepresented, making up 3.7% compared to Greater Adelaide's 4.8%.
Top ancestry groups are English (25.6%), Australian (18.5%), and Other (9.0%). Italian (6.6%) and Greek (3.2%) are notably overrepresented while Vietnamese (1.7%) is underrepresented compared to regional figures.
Frequently Asked Questions - Diversity
Age
Walkerville hosts an older demographic, ranking in the top quartile nationwide
The median age in Walkerville is 44 years, which is higher than Greater Adelaide's average of 39 years and the Australian median of 38 years. Compared to Greater Adelaide, Walkerville has a notably higher proportion of people aged 65-74 (11.4% locally), while those aged 25-34 are under-represented (11.4%). According to the 2021 Census, the population aged 15-24 has increased from 12.3% to 13.5%, while the 45-54 age group has declined from 13.2% to 11.9%. Population forecasts for Walkerville indicate significant demographic changes by 2041, with the 85+ age cohort projected to grow substantially, expanding by 277 people (81%) from 343 to 621. The 0-4 age group is expected to grow more modestly at 9%, adding only 27 residents.