Swan Reach (postcode 5354) is a sparsely populated locality in South Australia within the Mid Murray local government area. With a population of 271, the suburb has an older demographic with a median age of 59. Households earn a median income of $43K per year, with an average household size of 1.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 managers, labourers, community & personal service. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are English, Australian, German.
The current median weekly rent is $360. The median monthly mortgage repayment is $650.
Swan Reach is served by 1 school, including 1 combined. The average ICSEA score is 940, which is below the national average of 1,000. The crime rate in the Mid Murray LGA is moderate at 4,797 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.