City of Prospect

Walkerville

Walkerville at a glance

Median house

$2,300,000

-8.2% over 12 months

Median unit

$343,440

Weekly rent

$772

Houses · units $610

Gross yield

1.7%

Houses, on the median

Population

2,867

Median age 47

Walk score

44

Car dependent

Prices: Median of 8 house sales · SA Government · the latest published quarter (updated October 2026) · Rent: SA rental bond data, June 2026 · Population: 2021 Census

Houses change hands at $2,300,000 on a typical sale, well above the South Australia median (8 house sales, SA Government quarterly medians, the latest published quarter (updated October 2026)). Units come in around $343,440, roughly 85% below the house median. The 12-month picture shows a softening market (-8.2%), giving buyers more room to negotiate.

For buyers

A 20% deposit on the median house works out to roughly $460,000. Prices sit well above the South Australia median, so plan for a stretched deposit and shop carefully on borrowing capacity.

See what you can borrow

For sellers

With 12-month growth at -8.2%, pricing should anchor to the most recent six months of comparables, not last year's peak.

Work out your selling costs

Market

House prices in Walkerville.

Median house price

$2,300,000

-8.2% over the past year. Median unit price $343,440.

Median of 8 house sales · SA Government · the latest published quarter (updated October 2026)

Rental and ownership

Weekly rent (house)

$772/wk

Weekly rent (unit)

$610/wk

Owner occupied

62%

Renter occupied

32%

At a deeper level

Median House PriceSource: data.sa.gov.au · Oct 2026

$2,300,000

-8.2% annual growth

Median Unit PriceSource: data.sa.gov.au · Oct 2026

$343,440

PopulationSource: ABS Census 2021 · May 2026

2,867

Median age: 47

Rental data as of June 2026· rental-sa

5-year trajectory

at -8.2%/yr

2021

$3.5M

5-year change

-35%

2026

$2.3M

Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.

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The brief

What to know about Walkerville.

Walkerville's median house price is $2,300,000 (The SA Government's quarterly suburb median from 8 house sales, the latest published quarter (updated October 2026)).

Postcode 5081 (SA), City of Prospect, part of Greater Adelaide.

Walkerville (5081) sits in the Prospect region of South Australia. The median house here is $2,300,000, well above the South Australia median of around $720K. Prices have moved -8.2% over the past year, well behind the South Australia average (5%).

Walkerville has roughly 2,867 residents, with an established, older skew. Households are mostly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.

Side by side

Compare Walkerville with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

What it’s like to live here.

Walkerville scores 44/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 448mm. Data comes from the Bureau of Meteorology's Adelaide (Kent Town) station, 11.1km away.

Schooling within or near the suburb covers 10 government primary, 1 government secondary, 5 Catholic, 3 independent.

Who lives here

Demographics.

The 2021 Census put Walkerville's population at 2,867, with a median age of 47. That sits as an established, older skew. Households are mostly owner-occupied (62% own, 32% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (37%), often a marker of unit-heavy stock and walkable infrastructure.

Population

2,867

Median age

47

Family households

59%

Lone person

37%

Demographics data as of May 2026· ABS 2021 Census

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For investors

Investment overview.

Gross rental yield on houses sits at 1.75% (median rent $772/wk against a $2,300,000 price tag). Units yield 9.24% gross, often the better cash-flow play for first-time investors. With 32% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.

Gross Yield (House)

Source: data.sa.gov.au · Oct 2026

1.75%

Based on $2,300,000 median

Gross Yield (Unit)

Source: data.sa.gov.au · Oct 2026

9.24%

Based on $343,440 median

Annual Growth (House)

Source: data.sa.gov.au · Oct 2026

-8.2%

Year-on-year capital growth

Annual Growth (Unit)

Source: data.sa.gov.au · Oct 2026

–

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

62%

Higher = more owner-occupier demand

Days on Market

Source: data.sa.gov.au · Oct 2026

–

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

204

total offences in 2025-26

Top offence categories

OFFENCES AGAINST PROPERTY168 (82.4%)
OFFENCES AGAINST THE PERSON36 (17.6%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of June 2026· State Police Open Data

Getting around

Walkability.

Walk Score

44

Transit Score

0

Bike Score

100

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Walkerville.

Local schools for Walkerville

View the catchment for each school to find out more.

Government School Catchment

Walkerville Primary School

R-6CoEdGovernment
View Catchment

Vale Park Primary School

R-6CoEdGovernment
View Catchment

Nailsworth Primary School

R-6CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Climate

Weather year-round.

Annual Rainfall

448 mm

Hottest Month (avg max)

28.0°C

Coldest Month (avg min)

7.0°C

Monthly Rainfall (mm)

J
F
M
A
M
J
J
A
S
O
N
D

Weather data from BOM station Adelaide (Kent Town) (11 km away)

Climate data as of May 2026· Bureau of Meteorology

Frequently asked

About Walkerville.

What is the median house price in Walkerville?
The median house price in Walkerville, SA 5081 is $2,300,000 (The SA Government's quarterly suburb median from 8 house sales, the latest published quarter (updated October 2026)). The median unit price is $343,440. Annual growth is -8.2%.
How much is my house worth in Walkerville?
A useful starting point is the Walkerville median house price of $2,300,000 (units $343,440). 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 Walkerville a good investment?
On the published figures, the gross rental yield on houses in Walkerville is 1.7%: the median weekly house rent is $772 (SA rental bond data, June 2026) against the median house price of $2,300,000 (SA Government, the latest published quarter, updated October 2026). The median house price fell 8.2% over 12 months on the same SA Government figures. Whether Walkerville 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 Walkerville postcode?
Walkerville is in the 5081 postcode, in SA, in the City of Prospect region.
Where is Walkerville?
Walkerville is a suburb of Adelaide, in SA 5081. It is part of the Greater Adelaide area, in the City of Prospect region.
What is the average rent in Walkerville?
The median weekly rent for houses is $772, for units it's $610.
What schools are in Walkerville?
There are 20 schools serving Walkerville on this page, including St Andrew's School, St Monica's Parish School, Walkerville Primary School.
How walkable is Walkerville?
Walkerville has a Walk Score of 44 out of 100, car-dependent for most errands. transit score 0, bike score 100.
What suburbs are near Walkerville?
Walkerville is close to Collinswood, Vale Park, Medindie Gardens, Gilberton, Joslin.
What is the population of Walkerville?
The population of Walkerville is approximately 2,867 (2021 Census). The median age is 47.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

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