Stepney, SA 5069
Norwood Payneham and St PetersAll suburbs in postcode 5069
Updated
Median house price
$1,379,750
+2.1% over the past year.
Median of 5 house sales · SA Government · the latest published quarter (updated October 2026)
Selling in Stepney?
Get the free selling guide, personalised to Stepney, or ask for a free appraisal from a local agent.
Stepney at a glance
- Median unit
- $344,880
- Weekly rent
- $695
- Houses · units $600
- Population
- 942
- Median age 39
Prices: Median of 5 house sales · SA Government · the latest published quarter (updated October 2026) · Rent: SA rental bond data, June 2026 · Population: 2021 Census
House prices in Stepney
Houses change hands at $1,379,750 on a typical sale, well above the South Australia median (5 house sales, SA Government quarterly medians, the latest published quarter (updated October 2026)). Units come in around $344,880, roughly 75% below the house median. The 12-month picture is essentially flat performance (+2.1%), so buyers and sellers are negotiating on roughly the same number.
For buyers
A 20% deposit on the median house works out to roughly $276,000. Prices sit well above the South Australia median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· SA rental bond data
Free appraisal in Stepney
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What to know about Stepney
Stepney (5069) sits in the Norwood Payneham and St Peters region of South Australia. The median house here is $1,379,750, well above the South Australia median of around $720K. Prices have moved +2.1% over the past year, behind the South Australia average (5%).
Stepney has roughly 942 residents, with a typical family-age mix. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Stepney scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 30°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 535 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 6 government primary, 3 government secondary, 5 Catholic, 5 independent.
Schools in Stepney
Location
Walkability
- Walk
- 100/100
- Transit
- 0/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Stepney's population at 942, with a median age of 39. That sits as a typical family-age mix. Households are mostly owner-occupied (60% own, 36% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (38%), often a marker of unit-heavy stock and walkable infrastructure.
- Family households
- 54%
- Lone person
- 38%
- Owner occupied
- 60%
- Renter occupied
- 36%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.62% (median rent $695/wk against a $1,379,750 price tag). Units yield 9.05% gross, often the better cash-flow play for first-time investors. With 36% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: data.sa.gov.au · Oct 2026
- 2.62%
- On the $1,379,750 median
- Gross yield, unitsSource: data.sa.gov.au · Oct 2026
- 9.05%
- On the $344,880 median
- 12-month change, housesSource: data.sa.gov.au · Oct 2026
- +2.1%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
103 offences recorded in 2025-26
Top offence categories
Source: State Police Open Data
Crime data as of June 2026
Weather year-round
- Annual rainfall
- 535 mm
- Hottest month, avg max
- 29.8°C
- Coldest month, avg min
- 7.1°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Stepney
- What is the median house price in Stepney?
- The median house price in Stepney, SA 5069 is $1,379,750 (The SA Government's quarterly suburb median from 5 house sales, the latest published quarter (updated October 2026)). The median unit price is $344,880. Annual growth is +2.1%.
- How much is my house worth in Stepney?
- A useful starting point is the Stepney median house price of $1,379,750 (units $344,880). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Stepney a good investment?
- On the published figures, the gross rental yield on houses in Stepney is 2.6%: the median weekly house rent is $695 (SA rental bond data, June 2026) against the median house price of $1,379,750 (SA Government, the latest published quarter, updated October 2026). The median house price rose 2.1% over 12 months on the same SA Government figures. Whether Stepney is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Stepney postcode?
- Stepney is in the 5069 postcode, in SA, in the Norwood Payneham and St Peters region.
- Where is Stepney?
- Stepney is a suburb in the Norwood Payneham and St Peters area, SA 5069.
- What is the average rent in Stepney?
- The median weekly rent for houses is $695, for units it's $600.
- What schools are in Stepney?
- There are 20 schools serving Stepney on this page, including East Adelaide School, St Peter's College, Norwood Primary School.
- How walkable is Stepney?
- Stepney has a Walk Score of 100 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Stepney?
- Stepney is close to College Park, Maylands, Evandale, St Peters, Norwood South.
- What is the population of Stepney?
- The population of Stepney is approximately 942 (2021 Census). The median age is 39.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.