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Suburb Insights · SA 5401

Alma, SA 5401 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Alma is a regional centre in South Australia, Australia, with a population of approximately 66, making it a boutique locality. Located approximately 75 km from the Adelaide CBD, Alma is a regional area in South Australia. The median household income is $112,632 per year.

Investment Score

50 / 100 Moderate

Alma benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Adelaide
Alma
South Australia · 5401
75 km from Adelaide CBD
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Key Indicators

Postcode
5401

Official Australia Post postcode for Alma. A postcode may cover multiple suburbs.

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Population
66

Usual resident population at the most recent census.

Median weekly rent
$290/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$112,632/yr

Annual median household income (before tax) across all households.

Distance to CBD
75 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$975/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
69% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Alma is a smaller community of 66 — about 2% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $112,632/year runs 39% above the South Australia suburb median of $80,964, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $290 equates to $1,257/month — about 129% of the median mortgage repayment of $975/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Alma is 75 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Alma vs South Australia Median

How Alma stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Alma sits above the state median; negative means below.

MetricAlmaSA medianΔ vs state
Population663,699-98%
Median household income$112,632/yr$80,964/yr+39%
Median rent (weekly)$290$320-9%
Median mortgage (monthly)$975$1,616-40%
Distance to CBD75 km13 km+477%
Separate houses69%73%-4pp

Investor Checklist

Pre-inspection briefing for Alma — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 66 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

Rental Yield

Strong rental coverage: $290/week (~$1,257/month) covers 129% of the $975/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 69% houses in a 66-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Alma property

Full Property Analysis

30-year projections for Alma

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Alma are modest for 2026 — incomes 39% above the SA median of $80,964 and a population of 66 suggest gains will lag headline metro markets. Rental coverage runs at ~129% of the typical mortgage ($1,257/month rent vs $975/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 50/100 places Alma in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Alma a good suburb for investment?

Alma scores 50/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 66, median household income of $112,632/year and median weekly rent of $290. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Alma?

The main demand drivers in Alma are an above-state-median household income of $112,632/year, a dwelling mix that is 69% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Alma?

Alma has a usual resident population of approximately 66, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Alma from the Adelaide CBD?

Alma sits 75 km straight-line from the Adelaide CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Alma?

The most recent census recorded a median weekly rent of $290 in Alma, equating to approximately $15,080/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Alma?

The median monthly mortgage repayment in Alma is $975, or approximately $11,700/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Alma cash-flow positive for investors?

A median weekly rent of $290 works out to $1,257/month, covering 129% of the median mortgage repayment of $975/month. That means rent exceeds the median repayment by roughly $282/month, so on these numbers Alma leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Alma?

The main risks are a thin buyer pool (66 residents), interest-rate sensitivity on the $975 median mortgage, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Alma profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources