Paracombe (postcode 5132) is a small, quiet locality in South Australia within the Adelaide Hills local government area. The area has roughly 435 residents and a settled, mature resident base, with a median age of 47. Households earn a median income of $109K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. SA employment has moved +1.6% 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 most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Italian.
The median house price in Paracombe is $800,000, having climbed sharply by 73.9% over the past year. The median weekly rent is $263 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,950.
Paracombe is served by 1 school, including 1 primary. The average ICSEA score is 1088, which is above the national average of 1,000. The crime rate in the Adelaide Hills LGA is low at 1,379 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.7% (low yield). Property prices are near the state median ($800K/$980K). The price-to-income ratio of 7.4x is considered moderate. House prices have moved +73.9% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.