Lenswood (postcode 5240) is a small locality in South Australia within the Adelaide Hills local government area. The area has roughly 534 residents and an established demographic, with a median age of 43. Households earn a median income of $102K per year, with an average household size of 2.8 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 +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Scottish.
Median house prices in Lenswood stand at $536,000, having declined steeply by 52% over the last twelve months. The median weekly rent is $325 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,733.
Lenswood is served by 1 school, including 1 primary. The average ICSEA score is 1026, which is around the national average of 1,000. The crime rate in the Adelaide Hills LGA is below average at 2,434 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.2%, which reads as moderate yield. Property prices sit below the state median ($536K/$980K), which can point to relative value. The price-to-income ratio of 5.2x is considered affordable. House prices have moved -52.0% 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.