Marden is a smaller suburb in South Australia within the Norwood Payneham and St Peters local government area (postcode 5070). With a population of 2,645, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $79K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Italian.
The median house price in Marden is $1.4 million, having surged 16.1% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,668.
Marden is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1029, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is moderate at 5,142 incidents per 100,000 population.
From an investment perspective, Marden offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +16.1% year-on-year.
Marden is a smaller suburb in South Australia within the Norwood Payneham and St Peters local government area (postcode 5070). With a population of 2,645, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $79K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Italian.
The median house price in Marden is $1.4 million, having surged 16.1% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,668.
Marden is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1029, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is moderate at 5,142 incidents per 100,000 population.
From an investment perspective, Marden offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +16.1% year-on-year.