Greenhill is a sparsely populated locality in South Australia within the Adelaide Hills local government area (postcode 5140). The area has roughly 454 residents and an established family demographic, with a median age of 40. Households earn a median income of $137K 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 +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 professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, German.
Median house prices in Greenhill stand at $1.2 million, having fallen sharply by 11.7% over the last twelve months. The median weekly rent is $500 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,058.
Public transport access includes 9 bus stops. The crime rate in the Adelaide Hills LGA is low at 881 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 8.7x is considered moderate. House prices have moved -11.7% year-on-year. 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.