Located in South Australia within the West Torrens local government area, North Plympton is a smaller residential area (postcode 5037). It is home to about 3,610 residents, with an established demographic and a median age of 40. Households earn a median income of $86K per year, with an average household size of 2.3 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, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
North Plympton has a median house price of $1.2 million, which has grown strongly by 5.3% year-on-year. The current median weekly rent is $610. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,777.
Public transport access includes 20 bus stops. The crime rate in the West Torrens LGA is below average at 2,410 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.7% (low yield). Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 13.7x is considered stretched. House prices have moved +5.3% 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.