Located in South Australia within the Marion local government area, Tonsley is a small locality (postcode 5042). With a population of 743, the suburb has a predominantly early-career demographic with a median age of 31. Households earn a median income of $76K per year, with an average household size of 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, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Chinese.
Median house prices in Tonsley stand at $800,000, having dipped slightly by 2.4% over the last twelve months. The current median weekly rent is $611. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 rail station, 5 bus stops. The crime rate in the Marion LGA is higher than average at 14,132 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.0% (moderate yield). Property prices are near the state median ($800K/$950K). The price-to-income ratio of 10.5x is considered stretched. House prices have moved -2.4% 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.