Located in South Australia within the Clare and Gilbert Valleys local government area, Alma is a quiet locality (postcode 5401). The area has roughly 66 residents and a mix of families and early-career residents, with a median age of 37. Households earn a median income of $113K per year, with an average household size of 3.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.2% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, machinery operators & drivers, managers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Irish.
The median weekly rent is $290 (Census 2021). The median monthly mortgage repayment is $975.
From an investment perspective, Population growth of +0.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.