Located in South Australia within the Onkaparinga local government area, Onkaparinga Hills is a smaller suburb (postcode 5163). With a population of 2,610, the suburb has a mature demographic with a median age of 45. Households earn a median income of $108K per year, with an average household size of 2.9 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, professionals, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Onkaparinga Hills is $997,000, having fallen by 7.3% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,625.
Public transport access includes 4 bus stops. The crime rate in the Onkaparinga LGA is low at 1,954 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.8%, which reads as low yield. Property prices are near the state median ($997K/$950K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -7.3% 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.