Plympton is a mid-sized suburb in South Australia within the West Torrens local government area (postcode 5038). With a population of 5,459, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $83K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Plympton is $1.2 million, having surged 23.8% over the past year. Units have a median price of $573,000 (+19.4% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,662.
Plympton is served by 4 schools, including 2 primary, 1 combined, 1 special. The average ICSEA score is 1056, which is above the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the West Torrens LGA is moderate at 6,668 incidents per 100,000 population.
From an investment perspective, Plympton offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.2M/$950K), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved +23.8% year-on-year.
Plympton is a mid-sized suburb in South Australia within the West Torrens local government area (postcode 5038). With a population of 5,459, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $83K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Plympton is $1.2 million, having surged 23.8% over the past year. Units have a median price of $573,000 (+19.4% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,662.
Plympton is served by 4 schools, including 2 primary, 1 combined, 1 special. The average ICSEA score is 1056, which is above the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the West Torrens LGA is moderate at 6,668 incidents per 100,000 population.
From an investment perspective, Plympton offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.2M/$950K), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved +23.8% year-on-year.