Kanmantoo (postcode 5252) is a small community in South Australia within the Mount Barker local government area. With a population of 686, the suburb has an established demographic with a median age of 38. Households earn a median income of $89K 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 +3.2% 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 technicians & trades, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, German.
Kanmantoo has a median house price of $472,000, which has declined steeply by 10.4% year-on-year. The median weekly rent is $310 (Census 2021). This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,455.
The crime rate in the Mount Barker LGA is below average at 2,041 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.4% (moderate yield). Property prices sit below the state median ($472K/$950K), which can point to relative value. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -10.4% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.