Seaton is a well-established suburb in South Australia within the Charles Sturt local government area (postcode 5023). With a population of 10,877, the suburb has a settled mid-life population with a median age of 40. Households earn a median income of $68K per year, with an average household size of 2.3 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, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Italian.
Median house prices in Seaton stand at $1.1 million, having eased back by 2.1% over the last twelve months. Units have a median price of $655,000 (+21.2% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,700.
Seaton is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 1 rail station, 48 bus stops. The crime rate in the Charles Sturt LGA is moderate at 5,673 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.8% (low yield). Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 15.9x is considered stretched. House prices have moved -2.1% 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.