Brooklyn Park (postcode 5032) is a moderately sized suburb in South Australia within the West Torrens local government area. With a population of 5,040, the suburb has a mix of families and early-career residents with a median age of 37. Households earn a median income of $76K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Italian.
Median house prices in Brooklyn Park stand at $1.2 million, having fallen sharply by 10.4% over the last twelve months. The current median weekly rent is $565. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,704.
Brooklyn Park is served by 2 schools, including 2 primary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the West Torrens LGA is moderate at 5,873 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.5% (low yield). Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 15.3x is considered stretched. House prices have moved -10.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.