Glen Osmond (postcode 5064) is a smaller residential area in South Australia within the Burnside local government area. With a population of 2,154, the suburb has an established family demographic with a median age of 42. Households earn a median income of $132K 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 +0.7% 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 professional services. The top ancestries reported are English, Australian, Chinese.
Glen Osmond has a median house price of $2.0 million, which has risen steeply by 26.7% year-on-year. The current median weekly rent is $772. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,817.
Glen Osmond is served by 1 school, including 1 combined. The average ICSEA score is 1150, which is well above the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Burnside LGA is moderate at 6,314 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.0%, which reads as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 15.4x is considered stretched. House prices have moved +26.7% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.