Hindmarsh SA

Postcode 5007 · Charles Sturt LGA

Hindmarsh is a quiet locality in South Australia within the Charles Sturt local government area (postcode 5007). With a population of 232, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $74K per year, with an average household size of 1.8 people. The most common occupations are professionals, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Hindmarsh is $1.1 million, having remained flat 0% over the past year. Units have a median price of $620,000 (+22.8% YoY). The current median weekly rent is $656. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,623.

Public transport access includes 1 tram stop, 12 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 134,914 incidents per 100,000 population.

From an investment perspective, Hindmarsh offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 15.2x is considered stretched. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.0% Moderate Yield
Price vs State$1.1M/$950K Near Median
Affordability15.2x Stretched
Price Momentum+0.0% Stable
INCOME (ATO 2022-23)
Median Income$62,066
Mean Income$71,033
Earners13,161
YoY Change+5.8%
SEIFA INDEX (ABS)
Advantage2/10
Education8/10
Economic1/10
Disadvantage4/10
MEDIAN HOUSE
$1.1M
0% YoY
MEDIAN UNIT
$620K
22.8% YoY
MEDIAN RENT /WK
$363
POPULATION
232
DEMOGRAPHICS
Median Age31
Household Size1.8
HH Income /wk$1,426
Personal Income /wk$894
Mortgage /mth$1,623
CRIME (Charles Sturt LGA)
Crime Rate (per 100k)134,914
Total Incidents313
TRANSPORT
Bus Stops12
Tram Stops1
Entertainment Centre Tram Stop
Data: 2024-Q3