Edwardstown is a smaller suburb in South Australia within the Marion local government area (postcode 5039). With a population of 4,514, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $71K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Edwardstown is $1.2 million, having surged 26.9% over the past year. Units have a median price of $630,000 (+17.1% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,690.
Edwardstown is served by 1 school, including 1 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 2 rail stations, 29 bus stops. The crime rate in the Marion LGA is higher than average at 13,491 incidents per 100,000 population.
From an investment perspective, Edwardstown offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +26.9% year-on-year.
Edwardstown is a smaller suburb in South Australia within the Marion local government area (postcode 5039). With a population of 4,514, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $71K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Edwardstown is $1.2 million, having surged 26.9% over the past year. Units have a median price of $630,000 (+17.1% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,690.
Edwardstown is served by 1 school, including 1 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 2 rail stations, 29 bus stops. The crime rate in the Marion LGA is higher than average at 13,491 incidents per 100,000 population.
From an investment perspective, Edwardstown offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +26.9% year-on-year.