Located in South Australia within the Port Adelaide Enfield local government area, Peterhead is a close-knit residential community (postcode 5016). It is home to about 1,201 residents, with an established family demographic and a median age of 40. Households earn a median income of $70K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Peterhead stand at $798,000, having declined by 4% over the last twelve months. The current median weekly rent is $532. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,517.
Public transport access includes 5 bus stops. The crime rate in the Port Adelaide Enfield LGA is higher than average at 15,321 incidents per 100,000 population.
On the investment side, Peterhead shows a gross rental yield of approximately 3.5%, rated as moderate yield. Property prices are near the state median ($798K/$950K). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -4.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.