Olary (postcode 5440) is a quiet locality in South Australia within the Unincorporated SA local government area. With a population of 4, the suburb has an older demographic with a median age of 59. Households earn a median income of $29K per year, with an average household size of 1.5 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.0% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count.
The crime rate in the Unincorporated SA LGA is higher than average at 25,000 incidents per 100,000 population.
From an investment perspective, Population growth of -1.0% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.