Located in South Australia within the Yankalilla local government area, Torrens Vale is a quiet locality (postcode 5203). With a population of 71, the suburb has a mature demographic with a median age of 54. Households earn a median income of $61K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% 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, clerical & administrative, community & personal service. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $178 (Census 2021). The median monthly mortgage repayment is $1,331.
On the investment side, Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.