Located in South Australia within the Mitcham local government area, Daw Park is a compact suburb (postcode 5041). The area has roughly 2,705 residents and an established family 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. 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, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in Daw Park stand at $1.4 million, having dropped significantly by 24.3% over the last twelve months. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.2%. 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 shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 16.6x is considered stretched. House prices have moved -24.3% 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.