Lochiel (postcode 5510) is a small, quiet locality in South Australia within the Wakefield local government area. The area has roughly 104 residents and an older-leaning population, with a median age of 50. Households earn a median income of $63K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. SA employment has moved +2.1% 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 labourers, managers, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $175 (Census 2021). The median monthly mortgage repayment is $867.
The crime rate in the Wakefield LGA is low at 962 incidents per 100,000 population.
From an investment perspective, Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.