Hackham West is a smaller suburb in South Australia within the Onkaparinga local government area (postcode 5163). With a population of 3,620, the suburb has an established demographic with a median age of 41. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Hackham West is $755,000, having surged 21.8% over the past year. Units have a median price of $468,000 (+16.9% YoY). The current median weekly rent is $472. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,083.
Hackham West is served by 1 school, including 1 primary. The average ICSEA score is 867, which is well below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Onkaparinga LGA is higher than average at 8,011 incidents per 100,000 population.
From an investment perspective, Hackham West offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($755K/$950K). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +21.8% year-on-year.
Hackham West is a smaller suburb in South Australia within the Onkaparinga local government area (postcode 5163). With a population of 3,620, the suburb has an established demographic with a median age of 41. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Hackham West is $755,000, having surged 21.8% over the past year. Units have a median price of $468,000 (+16.9% YoY). The current median weekly rent is $472. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,083.
Hackham West is served by 1 school, including 1 primary. The average ICSEA score is 867, which is well below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Onkaparinga LGA is higher than average at 8,011 incidents per 100,000 population.
From an investment perspective, Hackham West offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($755K/$950K). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +21.8% year-on-year.