Located in South Australia within the Norwood Payneham and St Peters local government area, Hackney is a small community (postcode 5069). The area has roughly 575 residents and an established demographic, with a median age of 41. Households earn a median income of $58K per year, with an average household size of 1.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 education and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Hackney is $3.9 million, having risen steeply by 126.9% over the past year. The current median weekly rent is $630. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $1,704.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is higher than average at 36,174 incidents per 100,000 population.
On the investment side, Hackney shows a gross rental yield of approximately 0.8%, rated as low yield. Property prices are above the state median ($3.9M/$950K), placing it in the premium segment. The price-to-income ratio of 67.8x is considered stretched. House prices have moved +126.9% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.