Marino is a smaller suburb in South Australia within the Marion local government area (postcode 5049). With a population of 2,277, the suburb has a mature demographic with a median age of 47. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Marino is $1.3 million, having dropped significantly 8.1% over the past year. Units have a median price of $620,000 (+0.8% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,997.
Public transport access includes 2 rail stations, 3 bus stops. The crime rate in the Marion LGA is low at 1,581 incidents per 100,000 population.
From an investment perspective, Marino offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 11.5x is considered stretched. House prices have moved -8.1% year-on-year.
Marino is a smaller suburb in South Australia within the Marion local government area (postcode 5049). With a population of 2,277, the suburb has a mature demographic with a median age of 47. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Marino is $1.3 million, having dropped significantly 8.1% over the past year. Units have a median price of $620,000 (+0.8% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,997.
Public transport access includes 2 rail stations, 3 bus stops. The crime rate in the Marion LGA is low at 1,581 incidents per 100,000 population.
From an investment perspective, Marino offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 11.5x is considered stretched. House prices have moved -8.1% year-on-year.