Hendon is a close-knit residential community in South Australia within the Charles Sturt local government area (postcode 5014). It is home to about 1,271 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $71K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Italian.
Median house prices in Hendon stand at $950,000, having posted strong gains by 8% over the last twelve months. The current median weekly rent is $640. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,602.
Public transport access includes 9 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 8,733 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.5% (moderate yield). Property prices are near the state median ($950K/$950K). The price-to-income ratio of 13.4x is considered stretched. House prices have moved +8.0% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.