Flagstaff Hill (postcode 5159) is a settled mid-to-large suburb in South Australia within the Onkaparinga local government area. It is home to about 10,184 residents, with an established demographic and a median age of 43. Households earn a median income of $108K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Flagstaff Hill has a median house price of $1.1 million, which has risen solidly by 7% year-on-year. Units have a median price of $612,000 (+21.7% YoY). The current median weekly rent is $575. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,733.
Flagstaff Hill is served by 2 schools, including 2 primary. The average ICSEA score is 1070, which is above the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Onkaparinga LGA is low at 933 incidents per 100,000 population.
On the investment side, Flagstaff Hill shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 10.0x is considered stretched. House prices have moved +7.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.