Loxton is a smaller suburb in South Australia within the Loxton Waikerie local government area (postcode 5333). With a population of 4,677, the suburb has a mature demographic with a median age of 47. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are labourers, professionals, managers. The top ancestries reported are Australian, English, German.
Units have a median price of $207,000 (+51.2% YoY). The current median weekly rent is $370. This gives a gross rental yield of approximately 9.3%. The median monthly mortgage repayment is $1,083.
Loxton is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 995, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Loxton Waikerie LGA is below average at 3,827 incidents per 100,000 population.
From an investment perspective, Loxton offers a gross rental yield of 9.3%, rated as high yield. Property prices sit below the state median ($207K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved +51.2% year-on-year.
Loxton is a smaller suburb in South Australia within the Loxton Waikerie local government area (postcode 5333). With a population of 4,677, the suburb has a mature demographic with a median age of 47. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are labourers, professionals, managers. The top ancestries reported are Australian, English, German.
Units have a median price of $207,000 (+51.2% YoY). The current median weekly rent is $370. This gives a gross rental yield of approximately 9.3%. The median monthly mortgage repayment is $1,083.
Loxton is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 995, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Loxton Waikerie LGA is below average at 3,827 incidents per 100,000 population.
From an investment perspective, Loxton offers a gross rental yield of 9.3%, rated as high yield. Property prices sit below the state median ($207K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved +51.2% year-on-year.