Free full calculator โ†’
Suburb Insights ยท SA 5554

Wallaroo Mines 5554, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wallaroo Mines is a regional centre in South Australia, Australia, with a population of approximately 408, making it a boutique locality. Located approximately 135 km from the Adelaide CBD, Wallaroo Mines is a regional area in South Australia. The median household income is $55,380 AUD per year (ABS 2021 Census).

Investment Score

26 / 100 Weak

Lower income levels in Wallaroo Mines typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Wallaroo Mines, South Australia, Australia.

Key Indicators

Postcode
5554

Official Australia Post postcode for Wallaroo Mines. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
408

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

ABS Census Data โ†’
Median Rent (weekly)
$260/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
$55,380/yr

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

ABS Census Data โ†’
Distance to CBD
135 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 Wallaroo Mines on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$890/mo

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

ABS Census Data โ†’
Dwelling Type
84% 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, Wallaroo Mines 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. The median rent of $260/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $890/month. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โŒ
Buy & Hold

Buy-and-hold in Wallaroo Mines carries higher risk due to limited demand drivers and slower growth fundamentals.

โŒ
Rental Yield

Rental yields in Wallaroo Mines tend to be lower โ€” investors may need to rely on capital growth instead.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Wallaroo Mines property

Full Property Analysis

30-year projections for Wallaroo Mines

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

Capital growth in Wallaroo Mines may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Wallaroo Mines is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Wallaroo Mines is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Wallaroo Mines a good suburb for investment?

Wallaroo Mines is a regional area in South Australia with a population of 408. The median rent is $260/week and the median household income is $55,380/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 Wallaroo Mines?

Key demand drivers in Wallaroo Mines include regional employment hubs, lifestyle, and affordability. 84% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wallaroo Mines?

According to the ABS 2021 Census, Wallaroo Mines has a population of approximately 408. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wallaroo Mines from the Adelaide CBD?

Wallaroo Mines is approximately 135 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