Located in South Australia within the Mid Murray local government area, McBean Pound is a sparsely populated locality (postcode 5357). With a population of 22, the suburb has an older demographic with a median age of 67. Households earn a median income of $58K per year, with an average household size of 1.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 top ancestries reported are German, Australian, Italian.
The current median weekly rent is $380. The median monthly mortgage repayment is $80.
The crime rate in the Mid Murray LGA is moderate at 4,545 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.