Piccadilly (postcode 5151) is a sparsely populated locality in South Australia within the Adelaide Hills local government area. With a population of 405, the suburb has an established family demographic with a median age of 41. Households earn a median income of $124K 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 +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, managers, technicians & trades. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, German.
The median house price in Piccadilly is $869,000, having dropped significantly by 47.5% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,100.
Public transport access includes 6 bus stops. The crime rate in the Adelaide Hills LGA is low at 1,481 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.6% (low yield). Property prices are near the state median ($869K/$950K). The price-to-income ratio of 7.0x is considered moderate. House prices have moved -47.5% 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.