Dernancourt (postcode 5075) is a smaller residential area in South Australia within the Tea Tree Gully local government area. It is home to about 4,063 residents, with a settled mid-life population and a median age of 43. Households earn a median income of $90K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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, clerical & administrative, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Italian.
Median house prices in Dernancourt stand at $1.1 million, having posted strong gains by 9.1% over the last twelve months. The current median weekly rent is $658. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,733.
Dernancourt is served by 1 school, including 1 primary. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Tea Tree Gully LGA is moderate at 4,159 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.2%, which reads as moderate yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 12.0x is considered stretched. House prices have moved +9.1% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.