Free full calculator โ†’
Suburb Insights ยท SA 5204

Rapid Bay 5204, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Rapid Bay is a regional centre in South Australia, Australia, with a population of approximately 15, making it a boutique locality. Located approximately 78 km from the Adelaide CBD, Rapid Bay is a regional area in South Australia. The median household income is $23,400 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Household earnings in Rapid Bay are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Rapid Bay, South Australia, Australia.

Key Indicators

Postcode
5204

Official Australia Post postcode for Rapid 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)
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
$23,400/yr

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

ABS Census Data โ†’
Distance to CBD
78 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 Rapid 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
8% 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, Rapid Bay 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 8% separate houses, Rapid Bay has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

โŒ
Buy & Hold

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

โŒ
Rental Yield

Rapid Bay's rental market is softer โ€” budget for potential vacancy periods.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Rapid Bay property

Full Property Analysis

30-year projections for Rapid 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: Low Investor Sentiment: Low

Price movement in Rapid Bay is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Rapid Bay is thinner โ€” flexible lease terms could help secure tenants faster. Rapid Bay is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Rapid Bay a good suburb for investment?

Rapid Bay is a regional area in South Australia with a population of 15. the median household income is $23,400/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 Rapid Bay?

Key demand drivers in Rapid Bay include regional employment hubs, lifestyle, and affordability. 8% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Rapid Bay?

According to the ABS 2021 Census, Rapid 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 Rapid Bay from the Adelaide CBD?

Rapid Bay is approximately 78 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.

Explore Nearby Suburbs

South Australia Property Resources