Clapham (postcode 5062) is a small community in South Australia within the Mitcham local government area. It is home to about 1,685 residents, with a settled mid-life population and a median age of 42. Households earn a median income of $121K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in Clapham stand at $1.3 million, having jumped by 29.1% over the last twelve months. The current median weekly rent is $562. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Clapham is served by 1 school, including 1 primary. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Mitcham LGA is below average at 2,611 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.2% (low yield). Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +29.1% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.