Brompton (postcode 5007) is a smaller suburb in South Australia within the Charles Sturt local government area. It is home to about 3,729 residents, with a blend of families and working-age professionals and a median age of 36. Households earn a median income of $94K per year, with an average household size of 2.1 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, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
Brompton has a median house price of $1.2 million, which has risen by 3% year-on-year. The current median weekly rent is $642. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Brompton is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1006, which is around the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 13,703 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.9%, which reads as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 12.3x is considered stretched. House prices have moved +3.0% 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.