Lockleys is a mid-sized suburb in South Australia within the West Torrens local government area (postcode 5032). With a population of 5,987, the suburb has an established demographic with a median age of 44. Households earn a median income of $97K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Lockleys is $1.4 million, having surged 16.7% over the past year. Units have a median price of $557,000 (+46.6% YoY). The current median weekly rent is $588. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,000.
Lockleys is served by 2 schools, including 2 primary. The average ICSEA score is 1072, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the West Torrens LGA is below average at 2,238 incidents per 100,000 population.
From an investment perspective, Lockleys offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +16.7% year-on-year.
Lockleys is a mid-sized suburb in South Australia within the West Torrens local government area (postcode 5032). With a population of 5,987, the suburb has an established demographic with a median age of 44. Households earn a median income of $97K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Lockleys is $1.4 million, having surged 16.7% over the past year. Units have a median price of $557,000 (+46.6% YoY). The current median weekly rent is $588. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,000.
Lockleys is served by 2 schools, including 2 primary. The average ICSEA score is 1072, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the West Torrens LGA is below average at 2,238 incidents per 100,000 population.
From an investment perspective, Lockleys offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +16.7% year-on-year.