Chandlers Hill (postcode 5159) is a small locality in South Australia within the Onkaparinga local government area. With a population of 792, the suburb has an older-leaning population with a median age of 46. Households earn a median income of $138K per year, with an average household size of 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, managers, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Chandlers Hill is $1.1 million, having dropped significantly by 23% over the past year. The current median weekly rent is $775. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,946.
Public transport access includes 1 bus stop. The crime rate in the Onkaparinga LGA is low at 1,010 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.6%, which reads as moderate yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 8.0x is considered moderate. House prices have moved -23.0% 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.