Located in South Australia within the Charles Sturt local government area, West Hindmarsh is a close-knit residential community (postcode 5007). It is home to about 1,560 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $85K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, clerical & administrative, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Italian.
The median house price in West Hindmarsh is $1.2 million, having jumped by 12.1% over the past year. The current median weekly rent is $548. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,733.
West Hindmarsh is served by 1 school, including 1 primary. The average ICSEA score is 1063, which is above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Charles Sturt LGA is moderate at 5,321 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.4% (low yield). Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 14.0x is considered stretched. House prices have moved +12.1% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.