Harrogate is a sparsely populated locality in South Australia within the Mount Barker local government area (postcode 5244). It is home to about 431 residents, with a mature demographic and a median age of 46. Households earn a median income of $101K per year, with an average household size of 2.7 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 managers, professionals, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Scottish.
Harrogate has a median house price of $335,000, holding roughly steady year-on-year. The median weekly rent is $303 (Census 2021). This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
The crime rate in the Mount Barker LGA is low at 1,624 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.7% (moderate yield). Property prices sit below the state median ($335K/$950K), which can point to relative value. The price-to-income ratio of 3.3x is considered affordable. House prices have moved +0.0% 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.