Lynton is a quiet locality in South Australia within the Mitcham local government area (postcode 5062). With a population of 222, the suburb has a mature demographic with a median age of 51. Households earn a median income of $132K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Lynton is $1.2 million, having declined 3.4% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,000.
Public transport access includes 1 rail station, 3 bus stops. The crime rate in the Mitcham LGA is below average at 2,252 incidents per 100,000 population.
From an investment perspective, Lynton offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved -3.4% year-on-year.
Lynton is a quiet locality in South Australia within the Mitcham local government area (postcode 5062). With a population of 222, the suburb has a mature demographic with a median age of 51. Households earn a median income of $132K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Lynton is $1.2 million, having declined 3.4% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,000.
Public transport access includes 1 rail station, 3 bus stops. The crime rate in the Mitcham LGA is below average at 2,252 incidents per 100,000 population.
From an investment perspective, Lynton offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved -3.4% year-on-year.