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Suburb Insights · SA 5138

Basket Range, SA 5138 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Basket Range is a regional centre in South Australia, Australia, with a population of approximately 364, making it a boutique locality. Located approximately 16 km from the Adelaide CBD, Basket Range is a regional area in South Australia. The median household income is $103,376 per year.

Investment Score

54 / 100 Moderate

Above-average earnings in Basket Range support sustained property values. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Adelaide
Basket Range
South Australia · 5138
16 km from Adelaide CBD
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Key Indicators

Postcode
5138

Official Australia Post postcode for Basket Range. A postcode may cover multiple suburbs.

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Population
364

Usual resident population at the most recent census.

Median weekly rent
$363/wk

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

Median household income
$103,376/yr

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

Distance to CBD
16 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
$1,907/mo

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

Home type
86% houses

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

Investment Insight

Basket Range is a smaller community of 364 — about 10% 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 $103,376/year runs 28% 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. Rent of $363/week (82% coverage of the $1,907/month median mortgage) leaves a gap of roughly $334/month that a typical investor bridges with negative gearing, depreciation and capital growth. 16 km from Adelaide places Basket Range in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Basket Range vs South Australia Median

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

MetricBasket RangeSA medianΔ vs state
Population3643,699-90%
Median household income$103,376/yr$80,964/yr+28%
Median rent (weekly)$363$320+13%
Median mortgage (monthly)$1,907$1,616+18%
Distance to CBD16 km13 km+23%
Separate houses86%73%+13pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 28% above the South Australia suburb median ($103,376 vs $80,964), and the 16 km CBD distance keeps this suburb in the primary demand zone. In South Australia, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

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Rental Yield

Moderate rental coverage: rent of $363/week covers 82% of a $1,907/month mortgage, leaving a $334/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 86% houses in a 364-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 Basket Range property

Full Property Analysis

30-year projections for Basket Range

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Moderate

Basket Range enters 2026 with a demographic tailwind — household incomes 28% above the South Australia suburb median of $80,964 and a population of 364 give it the depth and purchasing power to outperform the wider SA market over the next 12–18 months. Rental coverage runs at ~82% of the typical mortgage ($1,573/month rent vs $1,907/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 54/100 places Basket Range 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 Basket Range a good suburb for investment?

Basket Range scores 54/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 364, median household income of $103,376/year and median weekly rent of $363. 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 Basket Range?

The main demand drivers in Basket Range are proximity to Adelaide (16 km), an above-state-median household income of $103,376/year, a dwelling mix that is 86% 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 Basket Range?

Basket Range has a usual resident population of approximately 364, 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 Basket Range from the Adelaide CBD?

Basket Range sits 16 km straight-line from the Adelaide CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Basket Range?

The most recent census recorded a median weekly rent of $363 in Basket Range, equating to approximately $18,876/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 Basket Range?

The median monthly mortgage repayment in Basket Range is $1,907, or approximately $22,884/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 Basket Range cash-flow positive for investors?

A median weekly rent of $363 works out to $1,573/month, covering 82% of the median mortgage repayment of $1,907/month. That leaves a $334/month shortfall (around $4,008/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. 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 Basket Range?

The main risks are a thin buyer pool (364 residents), interest-rate sensitivity on the $1,907 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 Basket Range 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