Located in South Australia within the Port Adelaide Enfield local government area, Broadview is a smaller residential area (postcode 5083). It is home to about 4,450 residents, with a mix of young professionals and families and a median age of 36. Households earn a median income of $89K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Italian.
Median house prices in Broadview stand at $1.2 million, having dipped slightly by 0.6% over the last twelve months. The current median weekly rent is $576. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 19 bus stops. The crime rate in the Port Adelaide Enfield LGA is moderate at 4,697 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.6%, which reads as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 13.2x is considered stretched. House prices have moved -0.6% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.