Wingfield (postcode 5013) is a small, quiet locality in South Australia within the Port Adelaide Enfield local government area. With a population of 440, the suburb has a mature demographic with a median age of 47. Households earn a median income of $54K 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 +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 technicians & trades, labourers, machinery operators & drivers. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Vietnamese, English, Australian.
Median house prices in Wingfield stand at $620,000, having fallen sharply by 46% over the last twelve months. The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,146.
Public transport access includes 8 bus stops. The crime rate in the Port Adelaide Enfield LGA is higher than average at 47,727 incidents per 100,000 population.
From an investment perspective, Wingfield shows a gross rental yield of approximately 2.3%, rated as low yield. Property prices sit below the state median ($620K/$950K), which can point to relative value. The price-to-income ratio of 11.4x is considered stretched. House prices have moved -46.0% 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.