Stepney is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5069). With a population of 942, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Stepney is $1.4 million, having grown strongly 6.7% over the past year. The current median weekly rent is $798. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 7 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Norwood Payneham and St Peters LGA is higher than average at 8,280 incidents per 100,000 population.
From an investment perspective, Stepney offers a gross rental yield of 2.9%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +6.7% year-on-year.
Stepney is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5069). With a population of 942, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Stepney is $1.4 million, having grown strongly 6.7% over the past year. The current median weekly rent is $798. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 7 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Norwood Payneham and St Peters LGA is higher than average at 8,280 incidents per 100,000 population.
From an investment perspective, Stepney offers a gross rental yield of 2.9%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +6.7% year-on-year.