Located in South Australia within the Onkaparinga local government area, Seaford Heights is a close-knit residential community (postcode 5169). The area has roughly 1,079 residents and a younger, working-age population, with a median age of 29. Households earn a median income of $113K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Seaford Heights stand at $660,000, having declined steeply by 30.5% over the last twelve months. The current median weekly rent is $670. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Onkaparinga LGA is moderate at 4,263 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.3% (high yield). Property prices sit below the state median ($660K/$950K), which can point to relative value. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -30.5% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.