Mount Barker is a well-established suburb in South Australia within the Mount Barker local government area (postcode 5251). With a population of 18,330, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, German.
Units have a median price of $535,000 (+15.1% YoY). The current median weekly rent is $559. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,603.
Mount Barker is served by 7 schools, including 3 primary, 2 secondary, 2 combined. The average ICSEA score is 1049, which is around the national average of 1,000. Public transport access includes 57 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mount Barker LGA is below average at 3,595 incidents per 100,000 population.
From an investment perspective, Mount Barker offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($535K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +15.1% year-on-year.
Mount Barker is a well-established suburb in South Australia within the Mount Barker local government area (postcode 5251). With a population of 18,330, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, German.
Units have a median price of $535,000 (+15.1% YoY). The current median weekly rent is $559. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,603.
Mount Barker is served by 7 schools, including 3 primary, 2 secondary, 2 combined. The average ICSEA score is 1049, which is around the national average of 1,000. Public transport access includes 57 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mount Barker LGA is below average at 3,595 incidents per 100,000 population.
From an investment perspective, Mount Barker offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($535K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +15.1% year-on-year.