Horsnell Gully is a sparsely populated locality in South Australia within the Adelaide Hills local government area (postcode 5141). It is home to about 17 residents, with a settled, mature resident base and a median age of 51. Households earn a median income of $97K 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 +1.0% 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 top ancestries reported are Australian, English.
The median house price in Horsnell Gully is $1.3 million, broadly unchanged over the past year. The median weekly rent is $290 (Census 2021). This gives a gross rental yield of approximately 1.2%.
The crime rate in the Adelaide Hills LGA is moderate at 5,882 incidents per 100,000 population.
Looking at the investment signals, Horsnell Gully shows a gross rental yield of approximately 1.2%, rated as low yield. Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.