New Port is a small community in South Australia within the Port Adelaide Enfield local government area (postcode 5015). It is home to about 647 residents, with a settled mid-life population and a median age of 41. Households earn a median income of $77K per year, with an average household size of 1.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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, managers, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in New Port stand at $825,000, having jumped by 14% over the last twelve months. The current median weekly rent is $629. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,365.
New Port is served by 1 school, including 1 combined. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 4 rail stations, 3 bus stops. The crime rate in the Port Adelaide Enfield LGA is higher than average at 11,283 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.0%, which reads as moderate yield. Property prices are near the state median ($825K/$950K). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +14.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.