Moonta is a small community in South Australia within the Copper Coast local government area (postcode 5558). With a population of 624, the suburb has an older demographic with a median age of 60. Households earn a median income of $37K per year, with an average household size of 1.7 people. The most common occupations are community & personal service, professionals, managers. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $335,000 (+2.3% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $867.
Moonta is served by 1 school, including 1 combined. The average ICSEA score is 924, which is below the national average of 1,000. The crime rate in the Copper Coast LGA is higher than average at 11,538 incidents per 100,000 population.
From an investment perspective, Moonta offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($335K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +2.3% year-on-year.
Moonta is a small community in South Australia within the Copper Coast local government area (postcode 5558). With a population of 624, the suburb has an older demographic with a median age of 60. Households earn a median income of $37K per year, with an average household size of 1.7 people. The most common occupations are community & personal service, professionals, managers. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $335,000 (+2.3% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $867.
Moonta is served by 1 school, including 1 combined. The average ICSEA score is 924, which is below the national average of 1,000. The crime rate in the Copper Coast LGA is higher than average at 11,538 incidents per 100,000 population.
From an investment perspective, Moonta offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($335K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +2.3% year-on-year.