Basket Range is a quiet locality in South Australia within the Adelaide Hills local government area (postcode 5138). With a population of 364, the suburb has an established demographic with a median age of 43. Households earn a median income of $103K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Basket Range is $1.1 million, having remained flat 0% over the past year. The median weekly rent is $363 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,907.
Basket Range is served by 1 school, including 1 primary. The average ICSEA score is 1058, which is above the national average of 1,000. The crime rate in the Adelaide Hills LGA is low at 1,648 incidents per 100,000 population.
From an investment perspective, Basket Range offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 10.2x is considered stretched. House prices have moved +0.0% year-on-year.
Basket Range is a quiet locality in South Australia within the Adelaide Hills local government area (postcode 5138). With a population of 364, the suburb has an established demographic with a median age of 43. Households earn a median income of $103K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Basket Range is $1.1 million, having remained flat 0% over the past year. The median weekly rent is $363 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,907.
Basket Range is served by 1 school, including 1 primary. The average ICSEA score is 1058, which is above the national average of 1,000. The crime rate in the Adelaide Hills LGA is low at 1,648 incidents per 100,000 population.
From an investment perspective, Basket Range offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 10.2x is considered stretched. House prices have moved +0.0% year-on-year.