Stepney (postcode 5069) is a small community in South Australia within the Norwood Payneham and St Peters local government area. It is home to about 942 residents, with an established demographic and a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Italian.
Stepney has a median house price of $1.6 million, which has climbed sharply by 15.2% year-on-year. The current median weekly rent is $640. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 7 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Norwood Payneham and St Peters LGA is higher than average at 8,280 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.0% (low yield). Property prices are above the state median ($1.6M/$980K), placing it in the premium segment. The price-to-income ratio of 16.8x is considered stretched. House prices have moved +15.2% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.