Located in South Australia within the Mount Barker local government area, Dawesley is a sparsely populated locality (postcode 5252). With a population of 316, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $101K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% 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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Dawesley sit at $375,000, little changed on a year ago. The median weekly rent is $290 (Census 2021). This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,855.
From an investment perspective, The gross rental yield works out to roughly 4.0%, which reads as moderate yield. Property prices sit below the state median ($375K/$950K), which can point to relative value. The price-to-income ratio of 3.7x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.