Free full calculator โ†’
Suburb Insights ยท SA 5602

Lucky Bay 5602, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lucky Bay is a coastal suburb in South Australia, Australia, with a population of approximately 15, making it a boutique locality. Located approximately 198 km from the Adelaide CBD, Lucky Bay is a coastal area in South Australia. The median household income is $34,788 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Lucky Bay's income profile suggests a value-oriented market with competitive purchase prices. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Lucky Bay, South Australia, Australia.

Key Indicators

Postcode
5602

Official Australia Post postcode for Lucky Bay. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
15

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

ABS Census Data โ†’
Median Rent (weekly)
$92/wk

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

State Rental Authority โ†’
Median Household Income
$34,788/yr

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

ABS Census Data โ†’
Distance to CBD
198 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.

Find schools near Lucky Bay on My School โ†’
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
4% 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

Coastal lifestyle is a strong draw for Lucky Bay, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in South Australia consistently attract interstate migration and lifestyle buyers. The median rent of $92/week (ABS 2021) indicates an affordable rental market. With only 4% separate houses, Lucky Bay has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

โš ๏ธ
Buy & Hold

Lucky Bay offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

โŒ
Rental Yield

Achieving strong cash flow in Lucky Bay is challenging at current rent-to-price ratios.

โŒ
Renovation / Flip

The resale market in Lucky Bay may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Lucky Bay property

Full Property Analysis

30-year projections for Lucky Bay

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Lucky Bay faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Lucky Bay should see steady occupancy, with moderate upward pressure on rents. Lucky Bay is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Lucky Bay a good suburb for investment?

Lucky Bay is a coastal area in South Australia with a population of 15. The median rent is $92/week and the median household income is $34,788/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 Lucky Bay?

Key demand drivers in Lucky Bay include lifestyle appeal and proximity to the coast. 4% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Lucky Bay?

According to the ABS 2021 Census, Lucky Bay has a population of approximately 15. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lucky Bay from the Adelaide CBD?

Lucky Bay is approximately 198 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

Explore Nearby Suburbs

South Australia Property Resources