Located in South Australia within the Playford local government area, Hillbank is a mid-sized suburb (postcode 5112). It is home to about 5,013 residents, with a blend of families and working-age professionals and a median age of 36. Households earn a median income of $94K 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 +3.9% 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 technicians & trades, clerical & administrative, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Hillbank has a median house price of $815,000, which has risen by 4.5% year-on-year. The current median weekly rent is $590. This gives a gross rental yield of approximately 3.8%. 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.
On the investment side, Hillbank shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices are near the state median ($815K/$950K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +4.5% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.