Upper Sturt (postcode 5156) is a close-knit residential community in South Australia within the Adelaide Hills local government area. With a population of 1,005, the suburb has a settled mid-life population with a median age of 41. Households earn a median income of $116K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, managers, clerical & administrative. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Scottish.
Upper Sturt has a median house price of $1.4 million, which has surged by 30.5% year-on-year. The current median weekly rent is $675. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,800.
Upper Sturt is served by 1 school, including 1 primary. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Adelaide Hills LGA is low at 1,194 incidents per 100,000 population.
On the investment side, Upper Sturt shows a gross rental yield of approximately 2.6%, 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 11.7x is considered stretched. House prices have moved +30.5% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.