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Suburb Insights ยท SA 5440

Olary 5440, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Olary is a regional centre in South Australia, Australia, with a population of approximately 4, making it a boutique locality. Located approximately 334 km from the Adelaide CBD, Olary is a regional area in South Australia. The median household income is $28,548 AUD per year (ABS 2021 Census).

Investment Score

24 / 100 Weak

Olary's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Olary, South Australia, Australia.

Key Indicators

Postcode
5440

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

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Population
4

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
$28,548/yr

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

ABS Census Data โ†’
Distance to CBD
334 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
N/A

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, Olary 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.

Investment Strategy

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Buy & Hold

Capital growth in Olary may be constrained โ€” consider alternative strategies.

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Rental Yield

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

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Renovation / Flip

Limited buyer depth in Olary makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Olary property

Full Property Analysis

30-year projections for Olary

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

Olary faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Olary is thinner โ€” flexible lease terms could help secure tenants faster. Olary is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Olary a good suburb for investment?

Olary is a regional area in South Australia with a population of 4. the median household income is $28,548/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 Olary?

Key demand drivers in Olary include regional employment hubs, lifestyle, and affordability. The area has approximately 1 schools and 1 parks nearby.

What is the population of Olary?

According to the ABS 2021 Census, Olary has a population of approximately 4. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Olary from the Adelaide CBD?

Olary is approximately 334 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.

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