Lowbank (postcode 5330) is a sparsely populated locality in South Australia within the Loxton Waikerie local government area. The area has roughly 22 residents and a settled, mature resident base, with a median age of 52. Households earn a median income of $104K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% 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 top ancestries reported are Australian, German, Irish.
The crime rate in the Loxton Waikerie LGA is moderate at 4,545 incidents per 100,000 population.
From an investment perspective, Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.