North Adelaide

SA 5006

North Adelaide is a predominantly residential precinct and suburb of the City of Adelaide, about 2 kilometres from the Adelaide CBD. Melbourne Street and O'Connell Street provide the principal trading strips within a historic grid laid out in the Adelaide Park Lands, with North Adelaide railway station and several bus routes serving the area.

North Adelaide is an office and consulting market, with office suites and floors and medical or consulting suites in a close-in, established setting marked by grand older buildings. Nearby commercial areas include Adelaide, Walkerville and Kent Town.

31

Active lease listings

commercial properties

$40,000

Median annual rent

asking rent across all listings

264

Median days on market

across all active listings

Lease rate trend

$354/m² p.a.

Median advertised rate

Down 0.8%

Change over 12 months

$351202420252026$398$304Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in North Adelaide. Drill down to individual listings in MarketBuddy

Listings by sector

14

Medical / Consulting

active lease listings

13

Offices

active lease listings

2

Hotel and Leisure

active lease listings

1

Industrial, Warehouse and Factories

active lease listing

1

Retail and Shops

active lease listing

Want to know more?

Explore commercial property insights for North Adelaide in MarketBuddy.

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Last updated 5 September 2026