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Suburb Insights ยท SA 5238

Lake Carlet 5238, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lake Carlet is a regional centre in South Australia, Australia, with a population of approximately 8, making it a boutique locality. Located approximately 85 km from the Adelaide CBD, Lake Carlet is a regional area in South Australia. The median household income is $46,800 AUD per year (ABS 2021 Census).

Investment Score

22 / 100 Weak

Household earnings in Lake Carlet are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Lake Carlet, South Australia, Australia.

Key Indicators

Postcode
5238

Official Australia Post postcode for Lake Carlet. A postcode may cover multiple suburbs.

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Population
8

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
N/A

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$46,800/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
85 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) 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 based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
13% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Lake Carlet serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. With only 13% separate houses, Lake Carlet has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Long-term holding in Lake Carlet requires careful assessment of local economic resilience.

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Rental Yield

Lake Carlet's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Renovation or flip strategies in Lake Carlet face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Lake Carlet property

Full Property Analysis

30-year projections for Lake Carlet

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Lake Carlet is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Lake Carlet may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Lake Carlet is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Lake Carlet a good suburb for investment?

Lake Carlet is a regional area in South Australia with a population of 8. the median household income is $46,800/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Lake Carlet?

Key demand drivers in Lake Carlet include regional employment hubs, lifestyle, and affordability. 13% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Lake Carlet?

According to the ABS 2021 Census, Lake Carlet has a population of approximately 8. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lake Carlet from the Adelaide CBD?

Lake Carlet is approximately 85 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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