Milendella (postcode 5237) is a small, quiet locality in South Australia within the Mid Murray local government area. The area has roughly 56 residents and a mature demographic, with a median age of 49. Households earn a median income of $66K per year, with an average household size of 2.4 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 most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward agriculture and finance & insurance. The top ancestries reported are English, German, Australian.
The median monthly mortgage repayment is $1,023.
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.