Callington SA Property Investment

Mid Murray · 5254 · Score: 57/100 · Hold

Median House Price
$732K
Rental Yield
1.8%
Vacancy Rate
1.0%
Median Weekly Rent
$250/wk
Median Unit Price
$626K
Population
625
Days on Market
21 days
Annual Growth
16.7%

Callington Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$510.88/night
Occupancy Rate
42%
Est. Annual Revenue
$78K
AI Investment Analysis

Callington SA Investment Brief

HOLD1.8% gross yield on a $731,588 (pending peer validation) median.

THE MARKET

Callington has compounded at 4.9%/yr over 5 years. Median sits in the $731,588 (pending peer validation) band today. Properties are sitting on market for 21 days (sellers have the leverage).

  • Median house: $731,588 (pending peer validation) | Units: $625,787
  • Gross yield: 1.8% | Net yield: 0.3%
  • 5yr price CAGR: 4.9%/yr | 3yr forecast: 13.5%/yr
  • Population: 625 | Owner-occupier rate: 86% | Affluence: Average
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.0% (improving) | Rental demand: Very High
  • Median weekly rent: $250/wk | Days on market: 21 (improving)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $511/night | Occupancy: 42%
  • Estimated annual STR gross: ~$78,318/yr
  • vs long-term rent: $13,000/yr (+502% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Bugle Ranges station 16.1km away

BULL CASE

If Callington maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $841,326 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Callington pull back 10-15% from $731,588, with vacancy rising to 1.8% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Elizabeth (SA): $817,500 median, 3.1% yield, 0.0% 1yr growth
  • Gepps Cross (SA): $912,646 median, 1.9% yield, 2.1% 1yr growth
  • Elizabeth Park (SA): $671,000 median, 3.9% yield, 16.7% 1yr growth

THE PLAY

Callington offers balanced fundamentals but does not present an urgent buying signal. The market is in a stable phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

  • Entry range: $658,429$804,747
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.0/10
Low socioeconomic base — classic gentrification precondition
Moderate capital growth (4.9% CAGR)
Active development pipeline (513 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
4.9%
p.a.
2yr Forecast
4.6%
p.a.
5yr Forecast
4.0%
p.a.

Basis: 5yr CAGR 4.9% + 10yr CAGR 5.0%

Growth drivers
  • +Very tight rental market (vacancy 1.0%) — upward price pressure
  • +Active market (21 days avg)
Headwinds
  • High supply pipeline (513 new approvals) — may cap price growth

Suburb Metric Thresholds

5 green5 yellow5 red
Rental Vacancy Rate
1 high impact
Days on Market
21 high impact
Weekly Rent (house)
250 medium impact
5yr Price CAGR
4.89 high impact
10yr Price CAGR
5.03 high impact
1yr Price Growth
16.67 medium impact
Population Growth
0.95 high impact
Median Household Income
1369 medium impact
Unemployment Rate
4.6 medium impact
Public Transport Score
No data medium impact
School Zone Quality
5.3 medium impact
Distance to CBD
45.95 medium impact
SEIFA Advantage/Disadvantage
4 medium impact
Owner Occupier Rate
86.1 medium impact
Gross Rental Yield (%)
1.78 high impact
Net Rental Yield (%)
0.28 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

44

2020

86

2021

91

2022

92

2023

200

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 5254

Most disadvantagedLeast disadvantaged

Decile 5 of 10 — Average

Population

2,502

Education (IEO)

3/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on Callington SA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $250/wk median rent for Callington. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.