Hahndorf (postcode 5245) is a compact suburb in South Australia within the Mount Barker local government area. With a population of 2,814, the suburb has a settled, mature resident base with a median age of 51. Households earn a median income of $90K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% 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 Hahndorf stand at $980,000, having climbed sharply by 28.1% over the last twelve months. Units have a median price of $615,000 (+80.9% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,950.
Hahndorf is served by 2 schools, including 2 primary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Mount Barker LGA is low at 1,599 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.4% (moderate yield). Property prices are near the state median ($980K/$950K). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +28.1% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.