Ovingham is a small community in South Australia within the Charles Sturt local government area (postcode 5082). With a population of 766, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $75K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Ovingham is $1.4 million, having dipped slightly 1.8% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,863.
Public transport access includes 1 rail station, 6 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, Ovingham offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 18.5x is considered stretched. House prices have moved -1.8% year-on-year.
Ovingham is a small community in South Australia within the Charles Sturt local government area (postcode 5082). With a population of 766, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $75K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Ovingham is $1.4 million, having dipped slightly 1.8% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,863.
Public transport access includes 1 rail station, 6 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, Ovingham offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 18.5x is considered stretched. House prices have moved -1.8% year-on-year.