Macclesfield is a small community in South Australia within the Mount Barker local government area (postcode 5153). The area has roughly 1,413 residents and a settled, mature resident base, with a median age of 47. Households earn a median income of $83K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% 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 professionals, managers, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, German.
Macclesfield has a median house price of $611,000, which has climbed sharply by 24.9% year-on-year. The current median weekly rent is $790. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,500.
Macclesfield is served by 1 school, including 1 primary. The average ICSEA score is 1053, which is above the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Mount Barker LGA is low at 1,699 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 6.7%, which reads as high yield. Property prices sit below the state median ($611K/$950K), which can point to relative value. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +24.9% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.