Hillcrest is a smaller residential area in South Australia within the Port Adelaide Enfield local government area (postcode 5086). With a population of 3,659, the suburb has a blend of families and working-age professionals with a median age of 35. Households earn a median income of $83K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Indian.
The median house price in Hillcrest is $974,000, having grown strongly by 5.7% over the past year. The current median weekly rent is $800. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,602.
Hillcrest is served by 1 school, including 1 primary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Port Adelaide Enfield LGA is moderate at 7,434 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.3% (moderate yield). Property prices are near the state median ($974K/$950K). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +5.7% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.