Located in South Australia within the Port Adelaide Enfield local government area, Largs North is a smaller residential area (postcode 5016). With a population of 4,005, the suburb has an established family demographic with a median age of 40. Households earn a median income of $84K per year, with an average household size of 2.3 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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Scottish.
Largs North has a median house price of $946,000, which has risen solidly by 5.7% year-on-year. The current median weekly rent is $555. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,705.
Public transport access includes 2 rail stations, 19 bus stops. The crime rate in the Port Adelaide Enfield LGA is below average at 3,720 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.1% (moderate yield). Property prices are near the state median ($946K/$950K). The price-to-income ratio of 11.3x 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.