Located in South Australia within the Adelaide Hills local government area, Kersbrook is a small locality (postcode 5231). The area has roughly 1,116 residents and a mature demographic, with a median age of 46. Households earn a median income of $104K per year, with an average household size of 2.7 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 most common occupations are technicians & trades, professionals, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Kersbrook has a median house price of $825,000, which has declined steeply by 13.6% year-on-year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,733.
Kersbrook is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. The crime rate in the Adelaide Hills LGA is low at 1,613 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 1.9%, which reads as low yield. Property prices are near the state median ($825K/$950K). The price-to-income ratio of 8.0x is considered moderate. House prices have moved -13.6% 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.