Located in South Australia within the Onkaparinga local government area, Old Noarlunga is a small locality (postcode 5168). It is home to about 1,531 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 2.5 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 technicians & trades, labourers, professionals. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Old Noarlunga is $831,000, having eased back by 2.9% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,395.
Old Noarlunga is served by 1 school, including 1 primary. The average ICSEA score is 999, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Onkaparinga LGA is higher than average at 9,210 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.1% (moderate yield). Property prices are near the state median ($831K/$950K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved -2.9% 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.