Frahns is a small, quiet locality in South Australia within the Mid Murray local government area (postcode 5238). With a population of 5, the suburb has a predominantly older resident base with a median age of 72. Households earn a median income of $43K per year, with an average household size of 1.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 crime rate in the Mid Murray LGA is higher than average at 40,000 incidents per 100,000 population.
From an investment perspective, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.