Walkerville is a compact suburb in South Australia within the Walkerville local government area (postcode 5081). It is home to about 2,867 residents, with an older-leaning population and a median age of 47. Households earn a median income of $99K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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 healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
The median house price in Walkerville is $2.2 million, having fallen sharply by 25.8% over the past year. Units have a median price of $534,000 (+10.1% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,167.
Walkerville is served by 3 schools, including 3 primary. The average ICSEA score is 1144, which is well above the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Walkerville LGA is higher than average at 8,615 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 1.6% (low yield). Property prices are above the state median ($2.2M/$950K), placing it in the premium segment. The price-to-income ratio of 22.2x is considered stretched. House prices have moved -25.8% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.