Lower Hermitage is a sparsely populated locality in South Australia within the Adelaide Hills local government area (postcode 5131). With a population of 195, the suburb has a settled, mature resident base with a median age of 46. Households earn a median income of $122K per year, with an average household size of 3.1 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 +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 technicians & trades, clerical & administrative, professionals. Employment in the area leans toward manufacturing and construction. The top ancestries reported are Australian, English, German.
The median weekly rent is $450 (Census 2021). The median monthly mortgage repayment is $2,400.
The crime rate in the Adelaide Hills LGA is low at 513 incidents per 100,000 population.
Looking at the investment signals, 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.