Craigmore is a settled mid-to-large suburb in South Australia within the Playford local government area (postcode 5114). It is home to about 10,943 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $79K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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 community & personal service, technicians & trades, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Craigmore stand at $742,000, having ticked up by 2% over the last twelve months. Units have a median price of $348,000 (+8.6% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,300.
Craigmore is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 44 bus stops. The crime rate in the Playford LGA is moderate at 4,076 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.8%, which reads as moderate yield. Property prices are near the state median ($742K/$950K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +2.0% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.