Located in South Australia within the Playford local government area, Penfield is a small, quiet locality (postcode 5121). The area has roughly 422 residents and a predominantly older resident base, with a median age of 70. Households earn a median income of $34K per year, with an average household size of 1.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% year-on-year at the LGA level. SA employment has moved +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Vietnamese.
Median house prices in Penfield stand at $312,000, having risen steeply by 13.7% over the last twelve months. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $898.
Public transport access includes 6 bus stops. The crime rate in the Playford LGA is higher than average at 11,137 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.0% (moderate yield). Property prices sit below the state median ($312K/$980K), which can point to relative value. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +13.7% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.