Lot 1 - Co-Living 6 Belfast Street - Taperoo

Description

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Taperoo is a coastal suburb on the Lefevre Peninsula, about 18 km northwest of Adelaide’s CBD. It covers roughly 2.3 km² and had around 3,368 residents in 2021, with modest annual growth. The area offers a relaxed, seaside atmosphere with a blend of older standalone homes and modern units.

About 55% of dwellings are owner-occupied, with an average household size of approximately 2.25 people. Median mortgage repayments are around $1,343 per month. Most households rely on cars for commuting, though a small proportion use the nearby railway or walk and cycle.

The suburb is served by Ocean View College (a P–12 school) and Our Lady of the Visitation Primary School. Public transport is accessible via the Outer Harbour rail line and multiple bus routes. Taperoo is framed by natural attractions such as Roy Marten Park, sandhill reserves like the “Snakepit,” and sandy beaches with walking tracks, making it popular among those seeking coastal lifestyle options.

Housing in Taperoo is more affordable compared to nearby beachside suburbs. The median house price is approximately $682,700, with annual growth around 6%. Rental yields for houses average around 4%, and properties tend to sell within 44 days. Units are rare, with limited turnover, but recent yields have been near 3.8%. Entry-level homes range from around $437,000 for a 2-bedroom to $630,000 for a 3-bedroom house.

Crime rates in Taperoo are relatively high compared to the Adelaide average. Violent crime stands at about 2,495 incidents per 100,000 people, while property crime is approximately 4,929 per 100,000. These figures have decreased by nearly 29% year-on-year but still exceed metropolitan benchmarks. Despite this, many locals consider Taperoo an up-and-coming area, noting its coastal charm, good investment potential, and improving community vibe, though some caution remains about pockets with higher incidents.

In summary, Taperoo offers solid potential for buyers and renters looking for affordable seaside living near Adelaide. It combines strong house price growth, attractive rental returns, and beachside access with the trade-off of elevated crime levels and infrastructure still catching up to demand. It appeals to investors, young families, and beach lifestyle seekers willing to look past some of its current social challenges.

• Property Type: House and LandCo-Living
• Property Stage: N/A
• Price: $ 781,900.00
• Land Price: $ 430,000.00
• Build Price: $ 351,900.00
• Beds: 3
• Bath: 3
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: CO-LIVING 9
• Completion: N/A
• Land Size: 307
• Area Size: 128.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 720.00
• Est. Body Corp.: N/A
• Title Status: August 2025
• Gross Per Week: $ 720.00
• Gross Per Annum: $ 37,440.00
• Gross Yield: 4.79%
• Capital Growth 12 Months: 13.48%
• Capital Growth 10 Year Annualised: 7.51%
• Vacancy Rate: 0.24%