Sturt is a smaller suburb in South Australia within the Marion local government area (postcode 5047). With a population of 2,787, the suburb has an established demographic with a median age of 38. Households earn a median income of $64K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Sturt is $920,000, having surged 14.7% over the past year. The current median weekly rent is $415. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,616.
Public transport access includes 18 bus stops. The crime rate in the Marion LGA is moderate at 5,526 incidents per 100,000 population.
From an investment perspective, Sturt offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($920K/$950K). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +14.7% year-on-year.
Sturt is a smaller suburb in South Australia within the Marion local government area (postcode 5047). With a population of 2,787, the suburb has an established demographic with a median age of 38. Households earn a median income of $64K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Sturt is $920,000, having surged 14.7% over the past year. The current median weekly rent is $415. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,616.
Public transport access includes 18 bus stops. The crime rate in the Marion LGA is moderate at 5,526 incidents per 100,000 population.
From an investment perspective, Sturt offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($920K/$950K). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +14.7% year-on-year.