Marleston (postcode 5033) is a small locality in South Australia within the West Torrens local government area. It is home to about 1,950 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $74K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are Australian, English, Indian.
Median house prices in Marleston stand at $982,000, having fallen sharply by 13.3% over the last twelve months. The current median weekly rent is $458. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,528.
Public transport access includes 13 bus stops. The crime rate in the West Torrens LGA is higher than average at 8,256 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.4% (low yield). Property prices are near the state median ($982K/$950K). The price-to-income ratio of 13.3x is considered stretched. House prices have moved -13.3% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.