Palmer is a sparsely populated locality in South Australia within the Mid Murray local government area (postcode 5237). The area has roughly 215 residents and an older-leaning population, with a median age of 50. Households earn a median income of $66K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 managers, labourers, technicians & trades. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Scottish.
The median weekly rent is $250 (Census 2021). The median monthly mortgage repayment is $1,280.
Palmer is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. The crime rate in the Mid Murray LGA is below average at 3,721 incidents per 100,000 population.
From an investment perspective, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.