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ABS 2021 Census · Updated 21 May 2026
New Residence is a regional centre in South Australia, Australia, with a population of approximately 95, making it a boutique locality. Located approximately 176 km from the Adelaide CBD, New Residence is a regional area in South Australia. The median household income is $122,148 per year.
Strong household incomes in New Residence underpin solid property demand. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for New Residence. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near New Residence on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
New Residence is a smaller community of 95 — about 3% 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 $122,148/year runs 51% 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 rent of $250/week (~$1,083/month) covers only 62% of the median mortgage of $1,733/month — the remaining $650/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. New Residence is 176 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
How New Residence stacks up against the median of all South Australia suburbs in our dataset. Positive values mean New Residence sits above the state median; negative means below.
| Metric | New Residence | SA median | Δ vs state |
|---|---|---|---|
| Population | 95 | 3,699 | -97% |
| Median household income | $122,148/yr | $80,964/yr | +51% |
| Median rent (weekly) | $250 | $320 | -22% |
| Median mortgage (monthly) | $1,733 | $1,616 | +7% |
| Distance to CBD | 176 km | 13 km | +1254% |
| Separate houses | 68% | 73% | -5pp |
Pre-inspection briefing for New Residence — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 95 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.
Weak cash flow: $250/week rent covers only 62% of the $1,733/month median mortgage — a $650/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.
With 68% houses in a 95-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a New Residence property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for New Residence are modest for 2026 — incomes 51% above the SA median of $80,964 and a population of 95 suggest gains will lag headline metro markets. Rental coverage runs at ~62% of the typical mortgage ($1,083/month rent vs $1,733/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 50/100 places New Residence 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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New Residence scores 50/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 95, median household income of $122,148/year and median weekly rent of $250. 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.
The main demand drivers in New Residence are an above-state-median household income of $122,148/year, a dwelling mix that is 68% 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.
New Residence has a usual resident population of approximately 95, 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.
New Residence sits 176 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.
The most recent census recorded a median weekly rent of $250 in New Residence, equating to approximately $13,000/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.
The median monthly mortgage repayment in New Residence is $1,733, or approximately $20,796/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.
A median weekly rent of $250 works out to $1,083/month, covering 62% of the median mortgage repayment of $1,733/month. That leaves a $650/month shortfall (around $7,800/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.
The main risks are a thin buyer pool (95 residents), interest-rate sensitivity on the $1,733 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.
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.