Brukunga is a sparsely populated locality in South Australia within the Mount Barker local government area (postcode 5252). With a population of 400, the suburb has a settled mid-life population with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% 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 technicians & trades, professionals, managers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, German.
The median house price in Brukunga is $313,000, having surged by 52.8% over the past year. The current median weekly rent is $345. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,350.
The crime rate in the Mount Barker LGA is low at 500 incidents per 100,000 population.
Looking at the investment signals, Brukunga shows a gross rental yield of approximately 5.7%, rated as high yield. Property prices sit below the state median ($313K/$950K), which can point to relative value. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +52.8% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.