Located in South Australia within the Port Adelaide Enfield local government area, Port Adelaide is a small locality (postcode 5015). The area has roughly 1,338 residents and a settled, mature resident base, with a median age of 45. Households earn a median income of $64K per year, with an average household size of 1.9 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, community & personal service, managers. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Port Adelaide is $720,000, broadly unchanged over the past year. Units have a median price of $415,000 (-17.4% YoY). The current median weekly rent is $575. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,672.
Public transport access includes 2 rail stations, 32 bus stops. The crime rate in the Port Adelaide Enfield LGA is higher than average at 56,876 incidents per 100,000 population.
From an investment perspective, Port Adelaide shows a gross rental yield of approximately 4.2%, rated as moderate yield. Property prices are near the state median ($720K/$950K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +0.3% 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.