Located in South Australia within the Adelaide Hills local government area, Forreston is a sparsely populated locality (postcode 5233). With a population of 407, the suburb has a mature demographic with a median age of 48. Households earn a median income of $108K per year, with an average household size of 2.8 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 managers, professionals, technicians & trades. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, German.
The median weekly rent is $258 (Census 2021). The median monthly mortgage repayment is $1,950.
The crime rate in the Adelaide Hills LGA is low at 1,966 incidents per 100,000 population.
Looking at the investment signals, 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.