Highgate is a small community in South Australia within the Unley local government area (postcode 5063). With a population of 1,504, the suburb has an established demographic with a median age of 41. Households earn a median income of $114K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Highgate is $2.4 million, having surged 58.1% over the past year. The current median weekly rent is $770. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,009.
Highgate is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1145, which is well above the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Unley LGA is low at 1,729 incidents per 100,000 population.
From an investment perspective, Highgate offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.4M/$950K), placing it in the premium segment. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +58.1% year-on-year.
Highgate is a small community in South Australia within the Unley local government area (postcode 5063). With a population of 1,504, the suburb has an established demographic with a median age of 41. Households earn a median income of $114K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Highgate is $2.4 million, having surged 58.1% over the past year. The current median weekly rent is $770. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,009.
Highgate is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1145, which is well above the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Unley LGA is low at 1,729 incidents per 100,000 population.
From an investment perspective, Highgate offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.4M/$950K), placing it in the premium segment. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +58.1% year-on-year.