Kilburn vs ProspectTwo Adelaide suburbs compared for a home loan
Kilburn (SA 5084) is approximately 7 km north of the Adelaide CBD, west of Prospect. Prospect (SA 5082) is approximately 5 km north of the Adelaide CBD, between Main North Road and the Gawler line. At the 2021 Census, Kilburn had 5,633 residents with a median age of 34, and Prospect had 14,584 residents with a median age of 37.
In both suburbs the most common occupied dwelling was separate houses. Flats and apartments made up 11% of occupied dwellings in Kilburn and 15% in Prospect, while 56% of Kilburn households rented compared with 35% in Prospect. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
SA 5084 · Adelaide's inner north
Kilburn
Kilburn is an inner-northern Adelaide suburb once named Chicago, where attached dwellings nearly match houses and renting exceeds half of households.
City of Port Adelaide Enfield. Approximately 7 km north of the Adelaide CBD, west of Prospect.
Read the full Kilburn guideSA 5082 · Adelaide's inner north
Prospect
Prospect is a large inner-northern Adelaide suburb making up most of its council area, with character housing, heavy infill and a big rental market.
City of Prospect. Approximately 5 km north of the Adelaide CBD, between Main North Road and the Gawler line.
Read the full Prospect guide
What buying in Kilburn and Prospect would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Kilburn and Prospect.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Kilburn to see the repayment, transfer duty and upfront cash.
Enter a price for Prospect to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Kilburn and Prospect: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Kilburn | Prospect |
|---|---|---|
| People and households | ||
| Residents | 5,633 | 14,584 |
| Median ageAustralia 38 | 34 | 37 |
| Average household sizeAustralia 2.5 | 2.6 | 2.5 |
| Median household income, weeklyAustralia $1,746 | $1,179 | $2,001 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $270 | $350 |
| Median mortgage repayment, monthlyAustralia $1,863 | $1,472 | $1,929 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 56% | 35% |
| Owned with a mortgageAustralia 35% | 24% | 34% |
| Owned outrightAustralia 31% | 18% | 30% |
| Types of home | ||
| Separate housesAustralia 72% | 46% | 68% |
| Townhouses, terraces and semi-detachedAustralia 13% | 42% | 17% |
| Flats and apartmentsAustralia 14% | 11% | 15% |
| Homes with two bedrooms or fewer | 34% | 33% |
| Homes with four bedrooms or more | 15% | 22% |
| Dwellings unoccupied on Census night | 9% | 7% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Kilburn and Prospect
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Kilburn
- Investors
- First home buyers
- Attached dwellings dominate, so lender policy on units, minimum floor areas and corporation levies drive the outcome.
- Some lenders apply a lower maximum loan-to-value ratio where public housing was concentrated.
- Kilburn shares postcode 5084 with Blair Athol, so confirm how a postcode-based lender or insurer policy treats the suburb.
- Renting exceeded half of households with a stated tenure, so many purchases are investment lending.
- Properties near the industrial land at Wingfield and Regency Park may be affected by traffic and activity.
Prospect
- Upgraders
- First home buyers
- Investors
- Downsizers
- Heritage listings and historic area policy affect a number of properties and constrain alterations.
- Auction purchases carry no cooling-off period or finance condition in South Australia.
- Small units and apartments above commercial premises may attract lower maximum loan-to-value ratios.
- Corporation levies are counted in serviceability assessments and reduce borrowing power.
- Redevelopment potential should be confirmed against the zone rather than assumed from allotment size.
Housing stock in Kilburn and Prospect compared
Kilburn
- Semi-detached and townhouse dwellings
- At 856 dwellings, or 42.4 per cent of occupied homes at the 2021 Census, attached housing nearly matches detached.
- Detached houses
- Separate houses numbered 922 at the 2021 Census, only 45.7 per cent of occupied homes against 72.3 per cent nationally.
- Flats and apartments
- The 222 flats counted at the 2021 Census, 11.0 per cent of occupied homes, are mostly in small older groups.
Prospect
- Character villas and bungalows
- Late nineteenth and early twentieth-century houses on the original subdivisions, some affected by heritage policy.
- Townhouses and semi-detached dwellings
- At 958 dwellings, or 17.1 per cent of occupied homes at the 2021 Census, attached infill is above the national share.
- Flats and apartments
- The 812 flats counted at the 2021 Census, 14.5 per cent of occupied homes, are concentrated near Prospect Road.
Official sale price and rent figures for Kilburn and Prospect
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Kilburn
No government agency publishes a free median sale price or rent series for Kilburn, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Prospect
No government agency publishes a free median sale price or rent series for Prospect, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Kilburn and Prospect
Kilburn
Transport
- Adelaide Metro buses (bus)
- Main North Road (road)
- Grand Junction Road (road)
- Churchill Road (road)
Amenities
- Kilburn local shops
- Gepps Cross retail precinct
Prospect
Transport
- Adelaide Metro buses (bus)
- Gawler railway line (train)
- Prospect Road (road)
- Main North Road (road)
Amenities
- Prospect Road precinct
- Prospect local reserves
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the South Australia education department.
Compare Kilburn or Prospect with another suburb
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Request a free assessment: Kilburn or Prospect
An accredited mortgage broker can check your borrowing power against prices in Kilburn and Prospect, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.