Carey Gully SA

Postcode 5144 · Adelaide Hills LGA

Carey Gully is a quiet locality in South Australia within the Adelaide Hills local government area (postcode 5144). With a population of 428, the suburb has a mature demographic with a median age of 53. Households earn a median income of $88K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Carey Gully is $1.0 million, having remained flat 0% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,200.

Public transport access includes 15 bus stops. The crime rate in the Adelaide Hills LGA is low at 935 incidents per 100,000 population.

From an investment perspective, Carey Gully offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.5% Low Yield
Price vs State$1.0M/$950K Near Median
Affordability11.7x Stretched
Price Momentum+0.0% Stable
SEIFA INDEX (ABS)
Advantage9/10
Education9/10
Economic9/10
Disadvantage10/10
MEDIAN HOUSE
$1.0M
0% YoY
MEDIAN RENT /WK
$300
POPULATION
428
DEMOGRAPHICS
Median Age53
Household Size2.6
HH Income /wk$1,699
Personal Income /wk$759
Mortgage /mth$2,200
CRIME (Adelaide Hills LGA)
Crime Rate (per 100k)935
Total Incidents4
TRANSPORT
Bus Stops15
Data: 2025-Q1