Penrice is a quiet locality in South Australia within the Barossa local government area (postcode 5353). With a population of 486, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $104K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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, labourers, professionals. Employment in the area leans toward manufacturing and retail trade. The top ancestries reported are English, Australian, German.
The current median weekly rent is $560. The median monthly mortgage repayment is $1,543.
The crime rate in the Barossa LGA is low at 617 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.