Semaphore South (postcode 5019) is a small community in South Australia within the Port Adelaide Enfield local government area. The area has roughly 1,031 residents and an established family demographic, with a median age of 44. Households earn a median income of $87K per year, with an average household size of 2.2 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, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Semaphore South stand at $1.3 million, having declined steeply by 55.1% over the last twelve months. The current median weekly rent is $618. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,842.
Semaphore South is served by 1 school, including 1 secondary. The average ICSEA score is 951, which is around the national average of 1,000. Public transport access includes 7 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Port Adelaide Enfield LGA is moderate at 6,499 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.4%, which reads as low yield. Property prices are above the state median ($1.3M/$950K), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -55.1% 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.