Located in South Australia within the Charles Sturt local government area, Bowden is a small community (postcode 5007). The area has roughly 1,808 residents and a mix of families and early-career residents, with a median age of 32. Households earn a median income of $85K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, managers, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Irish.
Median house prices in Bowden stand at $1.5 million, having surged by 52% over the last twelve months. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,560.
Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 10,509 incidents per 100,000 population.
On the investment side, Bowden shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are above the state median ($1.5M/$950K), placing it in the premium segment. The price-to-income ratio of 17.2x is considered stretched. House prices have moved +52.0% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.