Marrabel (postcode 5413) is a quiet locality in South Australia within the Clare and Gilbert Valleys local government area. It is home to about 101 residents, with a settled mid-life population and a median age of 44. Households earn a median income of $59K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.2% 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 managers, clerical & administrative, technicians & trades. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, German.
The current median weekly rent is $475. The median monthly mortgage repayment is $813.
On the investment side, Population growth of +0.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.