Hampstead Gardens is a close-knit residential community in South Australia within the Port Adelaide Enfield local government area (postcode 5086). The area has roughly 1,535 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $81K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Indian.
Median house prices in Hampstead Gardens stand at $1.2 million, having moved lower by 4.4% over the last twelve months. The current median weekly rent is $478. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,642.
Public transport access includes 9 bus stops. The crime rate in the Port Adelaide Enfield LGA is moderate at 4,951 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.1%, which reads as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 14.8x is considered stretched. House prices have moved -4.4% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.