South Australia is consistently recognised as one of the best places to live in the world, and blends an amazingly relaxed lifestyle with fantastic work and investment opportunities. With a population of 1.6 million people, South Australia has an extremely low population density, giving you all the space you need to enjoy the diverse and beautiful natural landscapes.
The state is known as an outstanding producer of premium food and wine, using its differing climates and unique natural environments to create a wide variety of wine, beers and fresh produce. The coastal regions of the state, such as the Fleurieu Peninsula, the Yorke Peninsula and the Eyre Peninsula are spread across 3,800 kilometres of stunning coastline, offering some of the best seafood catches in the world. South Australia is also home to popular tourist spots like Kangaroo Island, the Murray River, the Flinders Ranges and the world heritage listed caves found at Naracoorte on the Limestone Coast.
South Australia’s capital city of Adelaide offers the same lifestyle and working opportunities as other major cities in Australia, however is considerably cheaper than Sydney, Melbourne or even Perth. The median house price in Adelaide of as June 2017 was $524,968, compared to $1.7 million in Sydney or $865,712 in Melbourne. Even renting is more affordable, with the median apartment rent being just $360 per week.
Let’s take a look at some interesting facts about South Australia.
1. South Australia boasts over 22,000 strata managed properties, encompassing more than 176,000 units. The majority of these can be found in the Adelaide metropolitan area, where approximately three quarters of the South Australian population resides.
2. In 2016, 746,117 people living in South Australia were employed, with 58 per cent of them working full time and 40 per cent working part time. Here is a small breakdown of the different areas and industries that people in South Australia are employed within:
4.1 per cent work in hospitals (excluding psychiatric hospitals)
3 per cent work in aged care residential services
2.9 per cent work in supermarkets and grocery stores
2.2 per cent work in primary education
2.1 per cent work in cafes and restaurants
3. South Australia’s employment statistics (and the primary industries within the state) are a key indicator of socioeconomic status, the strength of the local economy and the social characteristics of the South Australian population. The most common occupations in South Australia include:
20.3 per cent working as ‘professionals’
13.4 per cent working as ‘technicians and trade workers’
13.3 per cent working as ‘clerical and administrative workers’
12.6 per cent working as ‘managers’
12 per cent working as ‘community and personal service workers’
4. South Australia is home to a wide variety of cultures, ethnicities and backgrounds. The most common ancestries that can be found in South Australia are English at 28.5 per cent of the population, Australian at 25 per cent of the population, Scottish at 6.3 per cent of the population, Irish at 6 per cent of the population and German at 5.8 per cent of the population.
5. Despite an increasing total population, South Australia has fewer young people today than it did in 1982. In June 2017, South Australia had 158,680 people aged 18 to 24, compared with 163,964 in the June of 1982. In fact, South Australia had fewer people aged between 12 and 24 in 2017 than it had even at the beginning of the 1970s. These numbers experienced an increase during the early 1980s, and then started to decline in the lead up to the new millennium.
6. South Australia holds the record for the highest recorded temperature in the entire country. In January of 1960 in Oodnadatta (a tiny town in Northern South Australia near the Simpson Desert Regional Reserve) temperatures soared to 50.7 degrees centigrade.
7. Of the occupied private dwellings in South Australia, 77.8 per cent are separate houses, 14.8 per cent are semi-detached, row or terrace houses, or townhouses, 6.6 per cent are flats or apartments and 0.5 per cent are other dwellings.
8. As we mentioned in our first fact, close to three quarters of the South Australian population live in the Adelaide metropolitan area (alternatively known as the Greater Adelaide Planning Region). It’s actually a massive 84 per cent of the state’s entire population as of 30 June 2018, with population estimates for local areas indicating that this figure encompasses 1,452,862 people.
9. South Australia holds the title of being one of the least densely populated states in the world, and the sixth most populated state in Australia. It has an extremely low population density of 1.62 people per square kilometre. This is in comparison to the population of the entire country, which currently sits at 3.1 people per square kilometre as of June 2018.
The Australian Capital Territory has the highest population density at 171 people per square kilometre, followed by Victoria, New South Wales and then Tasmania, Queensland and then South Australia. The Northern Territory has the lowest, sitting at just 0.2 people per square kilometre.
Considering buying an investment property in South Australia and need some expert help? Contact Adelaide's Property Management specialists for free advice and appraisals! Call us on 8165 0231 or email us here.