Seaview Downs (postcode 5049) is a compact suburb in South Australia within the Marion local government area. With a population of 2,718, the suburb has an established family demographic with a median age of 42. Households earn a median income of $91K 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 +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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Seaview Downs has a median house price of $1.1 million, which has ticked up by 1.3% year-on-year. The current median weekly rent is $698. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,742.
Seaview Downs is served by 1 school, including 1 primary. The average ICSEA score is 1051, which is above the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Marion LGA is below average at 2,686 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.2%, which reads as moderate yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +1.3% 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.