Located in South Australia within the Charles Sturt local government area, Ridleyton is a small community (postcode 5008). The area has roughly 1,180 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $76K 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 +1.1% 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, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Italian.
The median house price in Ridleyton is $900,000, having dropped significantly by 24.8% over the past year. The current median weekly rent is $594. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,687.
Public transport access includes 5 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 20,339 incidents per 100,000 population.
On the investment side, Ridleyton shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices are near the state median ($900K/$950K). The price-to-income ratio of 11.8x is considered stretched. House prices have moved -24.8% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.