Located in South Australia within the West Torrens local government area, Netley is a small community (postcode 5037). The area has roughly 1,910 residents and an established family demographic, with a median age of 42. Households earn a median income of $69K 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 +0.9% 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 professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Greek.
Median house prices in Netley stand at $1.3 million, having surged by 14.4% over the last twelve months. The current median weekly rent is $610. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,733.
Public transport access includes 11 bus stops. The crime rate in the West Torrens LGA is below average at 2,984 incidents per 100,000 population.
On the investment side, Netley shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 18.3x is considered stretched. House prices have moved +14.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.