Cavan is a sparsely populated locality in South Australia within the Salisbury local government area (postcode 5094). With a population of 32, the suburb has a young demographic with a median age of 17. Households earn a median income of $47K 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 +0.3% 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 top ancestries reported are English, Chinese, Vietnamese.
Cavan has a median house price of $300,000, which has moved lower by 5.1% year-on-year.
Cavan is served by 1 school, including 1 special. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Salisbury LGA is higher than average at 634,375 incidents per 100,000 population.
Looking at the investment signals, Property prices sit below the state median ($300K/$950K), which can point to relative value. The price-to-income ratio of 6.4x is considered moderate. House prices have moved -5.1% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.