Daw Park is a smaller suburb in South Australia within the Mitcham local government area (postcode 5041). With a population of 2,705, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Daw Park is $1.9 million, having surged 76% over the past year. The current median weekly rent is $635. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,800.
Public transport access includes 15 bus stops. The crime rate in the Mitcham LGA is below average at 2,255 incidents per 100,000 population.
From an investment perspective, Daw Park offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 21.9x is considered stretched. House prices have moved +76.0% year-on-year.
Daw Park is a smaller suburb in South Australia within the Mitcham local government area (postcode 5041). With a population of 2,705, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Daw Park is $1.9 million, having surged 76% over the past year. The current median weekly rent is $635. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,800.
Public transport access includes 15 bus stops. The crime rate in the Mitcham LGA is below average at 2,255 incidents per 100,000 population.
From an investment perspective, Daw Park offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 21.9x is considered stretched. House prices have moved +76.0% year-on-year.