Munno Para (postcode 5115) is a smaller suburb in South Australia within the Playford local government area. It is home to about 4,719 residents, with a younger, working-age population and a median age of 31. Households earn a median income of $64K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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 community & personal service, technicians & trades, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Munno Para has a median house price of $700,000, which has ticked up by 0.7% year-on-year. The current median weekly rent is $454. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,296.
Munno Para is served by 1 school, including 1 primary. The average ICSEA score is 929, which is below the national average of 1,000. Public transport access includes 2 rail stations, 42 bus stops. The crime rate in the Playford LGA is higher than average at 17,694 incidents per 100,000 population.
On the investment side, Munno Para shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices are near the state median ($700K/$950K). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +0.7% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.