Hillbank is a mid-sized suburb in South Australia within the Playford local government area (postcode 5112). With a population of 5,013, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $94K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Hillbank is $780,000, having surged 16.4% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,495.
Public transport access includes 28 bus stops. The crime rate in the Playford LGA is moderate at 5,984 incidents per 100,000 population.
From an investment perspective, Hillbank offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($780K/$950K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +16.4% year-on-year.
Hillbank is a mid-sized suburb in South Australia within the Playford local government area (postcode 5112). With a population of 5,013, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $94K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Hillbank is $780,000, having surged 16.4% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,495.
Public transport access includes 28 bus stops. The crime rate in the Playford LGA is moderate at 5,984 incidents per 100,000 population.
From an investment perspective, Hillbank offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($780K/$950K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +16.4% year-on-year.