Prospect

SA2

Greater Adelaide / Prospect - Walkerville

 
 
 
 
 
 
 
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Statistical Area (SA2) Boundary Analysis

This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.

SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).

Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Prospect

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DemographicsPopulation Growth in Prospect

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Prospect has an estimated 17,323 residents, up from 15,785 at the 2021 Census — a change of 1,538 people, or 9.7%. Growth has averaged 1.4% a year over five years. 406 new addresses have been validated here since Census night. Overseas migration accounts for 85.1% of that increase. That puts 3,161 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to findings from AreaSearch, the population of Prospect stands at approximately 17,323 as of May 2026. This represents an expansion of 1,538 individuals (9.7%) from the 15,785 residents recorded in the 2021 Census. This adjustment is calculated using the June 2025 ABS estimated resident population of 16,898 combined with 406 validated new addresses identified after the Census. With these figures, the locality registers a density of 3,161 persons per square kilometer, placing it within the top quartile of all nationwide communities evaluated by AreaSearch. The growth rate of 9.7% since the 2021 census outpaced the 7.5% state average as well as the surrounding SA3 region, positioning the suburb as a local expansion leader.

The primary catalyst for this demographic expansion was overseas migration, which accounted for roughly 85.1% of the overall population rise in recent times. AreaSearch utilizes population projections from the ABS and Geoscience Australia published in 2024, using 2022 as the base year. Where SA2 specific projections are unavailable, or for periods extending past 2032, figures are derived from the 2023 SA State Government Regional/LGA age group projections based on 2021 data, adapted via weighted aggregation to transition growth estimates from LGA to SA2 levels. Looking ahead, the statistical areas assessed by AreaSearch are anticipated to experience population growth exceeding the median, with this specific locality projected to add 3,232 residents by 2041 relative to the most recent annual ERP statistics, indicating a total expansion of 16.2% over a 16-year timeframe.

Frequently Asked Questions - Population

What is the latest population estimate for the Prospect SA2?
Total population for the Prospect SA2 was estimated to be approximately 17,323 as at May 26. This is based upon an estimated resident population of 16,898 from the ABS up to June 2025.
How has the population in the Prospect SA2 changed since 2021?
The prospect sa2 has added approximately 1,538 people and shown a 9.74% increase from the 15,785 people recorded at the 2021 Census period.
What is the population density in the Prospect SA2?
The population density in the Prospect SA2 is estimated at 3,161 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the Prospect SA2?
Over the past 10 years, the population in the Prospect SA2 has shown a compound annual growth rate of 1.3% per annum.
What are the main drivers of population growth in the Prospect SA2?
Population growth in the Prospect SA2 is driven by: Overseas migration (85.1%), Natural increase (14.9%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 85.1% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Prospect

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669 new dwellings have been approved in Prospect over the past five years, an average of 133 a year. That places the area in the 86th percentile for residential development activity nationally, about 8 approvals per 1,000 residents a year. Of the 112 dwellings approved in the latest reporting year, 18% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 127, broadly in line with that longer-run average. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.

Detail

Prospect recorded an annual average of approximately 133 new home approvals, encompassing 669 residential approvals over the 5 financial years from FY-21 to FY-25, alongside 117 approvals recorded so far in FY-26. The ratio of population growth to new housing stood at 1.7 people moving to the suburb for each completed dwelling over the 5 financial years from FY-21 to FY-25, pointing to balanced supply and demand conditions that support market stability, with this ratio easing to 0.9 people per dwelling over the past 2 financial years to indicate a further alignment of supply with demand.

Newly built homes carry an average construction value of $340,000, which sits slightly above the regional baseline and reflects a preference for higher-quality building projects. Additionally, commercial development approvals reached $43.2 million this financial year, pointing to active investment in the local business sector. Prospect exhibits a relatively high level of residential construction, tracking 16.0% above the regional average per capita over the 5 year period, which expands choices for home buyers while helping sustain existing real estate values. Recent building activity is divided between 18.0% detached houses and 82.0% medium and high-density residential options. This preference for denser housing structures offers affordable entry points for first-time buyers, downsizers, and property investors. This construction mix marks a significant departure from the current housing stock, which is 69.0% houses, showing a decline in vacant developable land alongside evolving lifestyle preferences and a rising demand for varied, budget-friendly accommodation. Representing approximately 181 people per residential approval, Prospect exhibits the characteristics of a growing suburb. Projections indicate that Prospect will add 2,807 residents by 2041, starting from the most recent AreaSearch quarterly projection. Given ongoing construction trends, the volume of incoming housing should comfortably accommodate this expansion, offering favorable conditions for purchasers and potentially enabling population gains to outpace current forecasts.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the Prospect SA2 recently?
Dwelling approval activity in the the Prospect SA2 area has seen 325 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The Prospect SA2's current population of 17,323 has been supported by 133 approvals on average over recent years.
How does the Prospect SA2's development activity compare to the broader region?
The Prospect SA2 has seen 0.82 approvals per 100 people in recent years, compared to 0.74 approvals in the broader region. This means that one dwelling has been approved for every 181 people in the Prospect SA2, compared to one for every 144 in the broader region.
Is the Prospect SA2 keeping up with housing demand?
With the population expected to increase by 2,807 people by 2041, around 1,404 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
What has been the trend in development approvals over the past five years in the Prospect SA2?
Looking at development activity over the past five years, the Prospect SA2's approval levels have been slightly above the yearly average of 133, showing modest growth in recent years.
How many dwellings will be needed to accommodate future population growth in the Prospect SA2?
The population in the Prospect SA2 is expected to grow by 2,807 people by 2041, necessitating approximately 1,404 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the Prospect SA2?
Over the past five years, the population in the Prospect SA2 has grown by approximately 3,423 people, while 669 residential approvals were recorded. This equates to a ratio of 5.1 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the Prospect SA2?
With dwelling approval activity running at an average of 133 approvals per year and a population of 17,323, the market appears to be adequately supplied relative to projected housing demand in recent years, suggesting that developers should have a longer-term approach when considering new projects. With the population expected to increase by 2,807 people by 2041, around 1,404 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
Approvals Pipeline Development applications near Prospect

Development applications around Prospect

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Prospect

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AreaSearch tracks 7 current infrastructure and development projects inside Prospect, worth an estimated $129 million. A further 31 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $3.22 billion. 14 are already under construction and 11 are due for completion within three years. The pipeline spans residential development, sports & recreation and communities, precincts & urban renewal. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Local infrastructure projects, planning changes, and major developments have a significant impact on neighborhood performance. AreaSearch has tracked a total of 15 developments that are expected to influence this locality. Prominent projects include Prospect Corner, Prospect Lifestyle Precinct, 110 Hawker Street, Ridleyton, and Prospect 1838, with the primary initiatives of interest listed in detail below.

Professional plan users can use the search below to filter and access additional projects.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the Prospect SA2?
Key infrastructure and planning changes likely to influence the Prospect SA2 include: Prospect Corner (Construction); Prospect Lifestyle Precinct (Approved); 110 Hawker Street, Ridleyton (Approved); Prospect 1838 (Construction); and 212 Churchill Road Mixed-Use Development (Planning). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the Prospect SA2?
Infrastructure development impacting the Prospect SA2 spans multiple sectors including Residential Development, Sports & Recreation, and Communities, Precincts & Urban Renewal, among others.
What is the scale of infrastructure investment impacting the Prospect SA2?
Infrastructure investment analysis indicates significant investment of approximately $616 million in infrastructure projects affecting the region, with a notable concentration of investment within the immediate the Prospect SA2 vicinity.
How does the Prospect SA2's infrastructure development compare to other areas?
Infrastructure development activity impacting the Prospect SA2 currently ranks below national averages at the 38thth percentile.
Prospect Corner
Category: Residential Development
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

Prospect Corner is a Renewal SA masterplanned housing development on the former Kaufland site at 250B Churchill Road, Prospect. The 2.36 ha community will deliver 208 homes, including 108 architect-designed townhouses and two apartment buildings with 100 affordable rental apartments. Civil works and the central reserves were completed in late 2025, first residents have moved in, the first apartment building was completed in Q4 2025, the second apartment building was targeting completion in April 2026, and townhouse delivery continues toward overall completion in 2028.The project includes at least 55% affordable housing, Payinthi Reserve, Parkana Reserve, a community garden, BBQ facilities, outdoor gym, nature play, tree planting, and direct access to Islington Railway Station.

Residential Development

Prospect Lifestyle Precinct
Category: Sports & Recreation
Stage: Planning | Est. Comp: 0
Source / Links: Link 1   Link 2  

The Prospect Lifestyle Precinct is a once-in-a-generation transformation of Prospect Oval, Memorial Gardens, and surrounding community and commercial land in inner-northern Adelaide. The masterplan, formally endorsed by Council in June 2025 and followed by a Code Amendment endorsed in April 2026, envisions a vibrant health, wellness, fitness and sporting precinct. Key elements include expanded open green spaces, a new indoor sport and recreational facility, upgraded sporting amenities, improved accessibility, and high-quality mixed-use development opportunities including commercial and residential uses.The project is self-funding through strategic redevelopment of underutilised land, with Council actively seeking development partners.

Sports & Recreation

212 Churchill Road Mixed-Use Development
Category: Residential Development
Stage: Planning | Est. Comp: 0
Source / Links: Link 1   Link 2  

Proposed demolition of existing buildings and construction of a five-storey mixed-use residential flat building including a ground-floor laundrette, 21 apartments (studio, 1-bedroom, and 2-bedroom), on-site car parking, balconies, landscaping, and a rooftop garden. The application was refused planning consent on March 26, 2025, due to concerns over design quality, setbacks, landscaping, and waste management.

Residential Development

North Adelaide Public Golf Course Redevelopment
Category: Sports & Recreation
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

A $45 million SA Government redevelopment of the North Adelaide Public Golf Course into a world-class public golf and recreation precinct, and the exclusive home of LIV Golf in Australia through 2031. Designed by Greg Norman Golf Course Design, the project delivers a new 18-hole Championship Course, driving range, mini golf course and executive short course, with expanded walking and riding trails. The SA Government passed the North Adelaide Public Golf Course Act 2025 to take control of the site from the City of Adelaide.Works formally commenced April 27 2026, with the south course being upgraded first. The original City of Adelaide and Commercial & General Links Precinct mixed-use masterplan (residential, aged care, hotel) has been superseded by this state-led initiative.

Sports & Recreation

Calvary North Adelaide Hospital Upgrades
Category: Health & Medical
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Upgrades and refurbishments at Calvary North Adelaide Hospital, a private hospital providing surgical services, cancer care, maternity and birthing suites, intensive care, paediatrics, rehabilitation and palliative care. Current Calvary information refers to upgraded and refurbished hospital facilities, including a fully refurbished procedure suite and day surgery unit with three procedure rooms and seven theatres.

Health & Medical

Uniting on Devonport (UnitingSA Prospect Housing)
Category: Residential Development
Stage: Completed | Est. Comp: 2025
Source / Links: Link 1   Link 2  

40-dwelling affordable housing development by UnitingSA providing quality accommodation including social housing, affordable rentals, and specialist disability apartments. Four-storey development with internal landscaped courtyard completed in March 2025.

Residential Development

Prospect 1838
Category: Residential Development
Stage: Construction | Est. Comp: 0
Source / Links: Link 1   

A residential development of 180 new homes, including a mix of townhouses and villas. The project focuses on modern, architecturally designed homes with a strong connection to the local heritage and community. Located in the inner-city suburb of Prospect, just 5km from Adelaide CBD, this development offers quality built 2, 3 & 4 bedroom terraces and 1-2 bedroom apartments within a thriving small suburb.

Residential Development

The Parks (Enfield) Residential Estate
Category: Communities
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

Master-planned residential community by AVJennings (now part of AVID Property Group) delivering over 300 homes including townhouses and apartments across multiple stages, with parks, pathways and direct connection to the Enfield Community Centre in the City of Port Adelaide Enfield.

Communities

Jobs & IndustryEmployment Trends in Prospect

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10,431 residents of Prospect are employed, from a labour force of 10,705. Unemployment sits at 2.6%, with participation at 75.8%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.8% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 14,542, about 84% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Prospect is characterized by an educated resident workforce with strong representation in essential service industries, an unemployment rate of only 2.6%, and estimated jobs growth of 5.4% over the preceding year. As of March 2026, employed residents numbered 10,431, with the local unemployment rate sitting 1.3% below the 3.8% recorded across Greater Adelaide, while the participation rate reached 75.8%, substantially higher than the Greater Adelaide level of 66.6%. Census data indicates that a modest 11.9% of the workforce operated from home, though these figures may have been influenced by COVID-19 pandemic restrictions.

The primary employment sectors for local workers are health care & social assistance, education & training, and professional & technical. The suburb displays a strong concentration of professional & technical workers, with employment in this sector reaching 1.3 times the regional average. Conversely, construction workers represent a smaller share of the workforce at 6.9% compared to the regional benchmark of 8.7%. Because the suburb is mostly residential, local job openings appear limited relative to the size of the resident workforce, as shown by comparing the count of local jobs against the working resident population in the Census. An analysis of SALM and ABS statistics by AreaSearch indicates that over the 12-month period, local employment grew by 5.4% and the labor force expanded by 5.0%, leading to a 0.3 percentage point reduction in the unemployment rate. Over the same timeframe, Greater Adelaide saw employment rise by 4.2% and the labor force grow by 4.0%, while its unemployment rate dropped by 0.2 percentage points. Forecasts from Jobs and Skills Australia issued in May-25 offer additional perspective on prospective employment trends in Prospect. These five and ten-year projections have been applied to the local workforce structure to model potential growth. Nationwide employment is projected to rise by 6.6% over five years and 13.7% over ten years, though these growth trajectories vary widely by sector. Applying these industry-specific national forecasts to the local occupational profile suggests Prospect's employment base could expand by 6.8% over five years and 14.1% over ten years, representing a basic weighted projection that does not factor in localized population changes.

Frequently Asked Questions - Employment

What is the employment situation in the Prospect SA2?
As of March 2026, the Prospect SA2 has approximately 10,431 employed residents with an unemployment rate of 2.6%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the Prospect SA2's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the Prospect SA2 stands at 2.6%, which is 1.3 percentage points below Greater Adelaide's rate of 3.8%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the Prospect SA2?
The employment landscape in the Prospect SA2 is dominated by several key sectors. The largest employers are health care & social assistance (17.9% of employment), education & training (10.5%), and professional & technical (9.5%). Other significant employers include retail trade and public administration & safety.
How has employment changed recently in the Prospect SA2?
Over the past year to March 2026, the Prospect SA2 has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fall. By comparison, Greater Adelaide saw employment increased and its unemployment rate dropped.
What is the workforce participation rate in the Prospect SA2?
The workforce participation rate in the Prospect SA2 is 75.8%, which represents the proportion of working-age residents who are either employed or actively seeking work. This high participation rate indicates strong workforce engagement and economic vitality. The local rate leading the Greater Adelaide average of 66.6%, indicating stronger workforce attachment in the local area.
Which industries are over-represented in the Prospect SA2's employment market?
The prospect sa2 shows notable specialization in professional & technical, which employs 9.5% of the local workforce compared to 7.3% regionally. This moderate specialization indicates some local strength in the sector.
What are the employment growth prospects for the Prospect SA2?
Based on Jobs and Skills Australia projections applied to the Prospect SA2's industry mix, employment is expected to grow by 6.8% over the next five years and 14.1% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the Prospect SA2 compare nationally?
The prospect sa2's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region experienced 0.7% growth, ranking 11.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the Prospect SA2?
Skilled workers will find excellent opportunities in the Prospect SA2, with knowledge-intensive sectors comprising 43.2% of local employment. Key sectors for skilled workers include health care & social assistance (17.9%), education & training (10.5%), and professional & technical (9.5%). With projected employment growth of 6.8% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Prospect

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Median household income in Prospect is $2,019 a week (about $105,000 a year), with median personal income at $962 a week. ATO records put median taxable income at $60,139 a year against an average of $78,605. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

AreaSearch data compiled from the latest postcode-level ATO statistics for the 2023 financial year shows that taxpayers in the Prospect SA2 recorded a median income of $60,139 and an average income of $78,605. These figures are elevated on a national scale and compare to Greater Adelaide medians of $54,808 and averages of $66,852. Factoring in Wage Price Index growth of 10.17% since the 2023 financial year, current income estimates for March 2026 would stand at roughly $66,255 for the median and $86,599 for the average. The 2021 Census placed household, family, and individual incomes in Prospect near the 70th percentile nationally.

Income distribution figures show that 32.4% of the population, or 5,612 people, earn between $1,500 - 2,999, mirroring the regional trend where 31.8% of individuals are in this bracket. Housing costs consume 13.6% of income, while solid earnings place residents in the 70th percentile for disposable income, and the suburb ranks in the 8th decile of the SEIFA index for income.

Frequently Asked Questions - Income

What is the median taxable income in the Prospect SA2?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Prospect SA2 is approximately $66,255. The official ATO data from FY-23 recorded a median of $60,139.
What is the average taxable income in the Prospect SA2?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Prospect SA2 is approximately $86,599. The official ATO data from FY-23 recorded an average of $78,605.
How does the median taxable income in the Prospect SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Prospect SA2 is approximately $66,255 compared to $60,382 in Greater Adelaide. The official ATO data from FY-23 shows $60,139 and $54,808 respectively.
How does the average taxable income in the Prospect SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Prospect SA2 is approximately $86,599 compared to $73,651 in Greater Adelaide. The official ATO data from FY-23 shows $78,605 and $66,852 respectively.
What are the main income cohorts in the Prospect SA2 according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~32.4% / 5,612 persons) of the Prospect SA2's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the Prospect SA2 compare to the region?
The largest income cohort in the Prospect SA2 is the $1,500 - 2,999 group, representing about 32.4% of the population. In comparison, Greater Adelaide's largest income cohort is the $1,500 - 2,999 group, representing 31.8% of its population, according to the 2021 Census.
What is the median household income in the Prospect SA2 according to the 2021 Census?
The 2021 Census data indicates that the median household income in the Prospect SA2 is $2,019/wk.
What is the median family income in the Prospect SA2 according to the 2021 Census?
According to the 2021 Census, the median family income in the Prospect SA2 is $2,488/wk.
What is the median personal income in the Prospect SA2 according to the 2021 Census?
The 2021 Census shows that the median personal income in the Prospect SA2 is $962/wk.
How does the Prospect SA2's income rank nationally?
The Prospect SA2's income level is very high nationally according to the latest ATO data aggregated by AreaSearch for FY-23. The Prospect SA2's median income among taxpayers is $60,139 and the average income stands at $78,605, which compares to figures for Greater Adelaide's of $54,808 and $66,852 respectively. Based on Wage Price Index growth of 10.17% since FY-23, current estimates would be approximately $66,255 (median) and $86,599 (average) as of March 2026.
What is the disposable income in the Prospect SA2?
The estimated disposable income in the Prospect SA2 is $7,555 per year according to AreaSearch analysis.
How does the Prospect SA2's disposable income compare to the region?
The prospect sa2's disposable income is $7,555 compared to $5,698 for Greater Adelaide, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Prospect

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Prospect had 6,042 occupied dwellings at the 2021 Census, 69% detached houses and 15% apartments. 34% are owned with a mortgage, 35% rented and 31% owned outright. At that Census the median rent was $350 a week and the median mortgage repayment $1,950 a month. Rent absorbs 17.3% of household income here and mortgage repayments 22.3%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

Residential structures in Prospect at the time of the latest Census consisted of 68.6% houses and 31.4% other dwelling types, including townhouses and apartments, compared to 75.2% houses and 24.9% other dwellings across the Adelaide metropolitan area. The home ownership rate in Prospect was identical to the metropolitan average at 31.0%, with the remaining properties occupied by households with a mortgage (34.2%) or renters (34.8%). The median monthly mortgage payment of $1,950 was higher than the Adelaide metropolitan average of $1,562, while the median weekly rent stood at $350 compared to the Adelaide metropolitan figure of $320.

Nationally, mortgage repayments in Prospect exceed the Australian average of $1,863, whereas rents remain below the national median of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the Prospect SA2?
In the Prospect SA2, 31.0% of homes are owned outright, 34.2% are owned with a mortgage, and 34.8% are rented.
What percentage of dwellings in the Prospect SA2 are houses?
According to the latest data, 68.6% of dwellings in the Prospect SA2 are houses.
What percentage of dwellings in the Prospect SA2 are apartments or units?
In the Prospect SA2, 14.5% of dwellings are apartments or units, with an additional 16.7% being semi-detached dwellings.
What is the level of outright home ownership in the Prospect SA2?
Outright home ownership in the Prospect SA2 stands at 31.0%, compared to 32.1% in Greater Adelaide.
What is the median monthly mortgage repayment in the Prospect SA2?
The median monthly mortgage repayment in the Prospect SA2 is $1,950, compared to $1,562 in Greater Adelaide.
What is the median weekly rent in the Prospect SA2?
The median weekly rent in the Prospect SA2 is $350, compared to $320 in Greater Adelaide.
What is the distribution of rental prices in the Prospect SA2?
In the Prospect SA2, 7.5% of rentals are $0-149/week, 41.6% are $150-349/week, 48.6% are $350-649/week, 1.9% are $650-949/week, and 0.3% are $950+/week.
What is the average monthly housing cost in the Prospect SA2?
The aggregate monthly housing cost in the Prospect SA2 is $1,194, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the Prospect SA2?
In the Prospect SA2, households with mortgages typically spend 22.3% of their income on mortgage repayments, while renters spend 17.3% of their income on rent.
How crowded are homes in the Prospect SA2?
The average persons per bedroom ratio in the Prospect SA2 is 0.9, indicating the level of household density.
How does housing affordability in the Prospect SA2 compare to the region?
Housing affordability in the Prospect SA2 shows mortgage holders spending 22.3% of income on repayments (vs 23.3% regionally), while renters spend 17.3% of income on rent (vs 20.7% regionally).
What types of dwellings are most common in the Prospect SA2?
The dwelling mix in the Prospect SA2 consists of 68.6% detached houses, 16.7% semi-detached dwellings, 14.5% apartments, and 0.2% other dwelling types.
What is the weighted average housing cost based on tenure mix in the Prospect SA2?
Based on the area's tenure composition, the weighted average monthly housing cost is approximately $1,194. This accounts for outright owners paying no housing costs, mortgage holders paying $1,950/month, and renters paying $1,516/month.
How affordable is housing in the Prospect SA2 relative to local incomes?
Housing in Prospect consumes approximately 13.7% of median household income ($8,742 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the Prospect SA2?
Recent development applications in Prospect show attached dwellings contributing 83% of approvals compared to 31% of existing stock, while detached houses represent 17% of applications versus 69% of current dwellings. This suggests increasing densification. This area is seeing substantial increases in dwelling density compared to most Australian locations.

HouseholdsHousehold Composition in Prospect

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Prospect counted 6,042 households at the 2021 Census, an estimated 6,631 today, averaging 2.5 people each. 32% are couples with children, against 25% couples without children. 26% of households are people living alone, and families average 1.3 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family households constitute the majority of local residences at 67.7%, comprising couples with children at 32.2%, couples without children at 25.4%, and single-parent households at 8.5%. Non-family households account for the remaining 32.3% of the total, consisting of lone person households at 26.2% and group households at 6.2%. The median household size is 2.5 people, aligning with the average recorded across Greater Adelaide.

Frequently Asked Questions - Households

How many households are in the Prospect SA2?
As of the 2021 Census, the Prospect SA2 had 6,042 households. Based on population growth patterns, this has grown by approximately 9.7% to an estimated 6,631 households today.
What is the typical household size?
The median household size in the Prospect SA2 is 2.5 people. This compares to 2.5 in Greater Adelaide and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 67.7% of all households. The remaining households consist of lone person households (26.2%), group households (6.2%), and other household types (0.0%).
How are families structured in the area?
Among the 4,090 family households, 32.2% are couples with children, 25.4% are couples without children at home, and 8.5% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the Prospect SA2 compare to regional household patterns?
Compared to Greater Adelaide, the Prospect SA2 shows distinct household patterns. The prevalence of shared households suggests a younger demographic or affordability considerations.
What is the average family size?
Families in the Prospect SA2 have an average of 1.3 children, slightly below the Greater Adelaide average of 1.5. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the Prospect SA2?
Marriage patterns reveal 46.9% of the adult population are currently married, while 38.9% have never married. This compares to 45.7% married and 36.4% never married across Greater Adelaide.
How significant are single-person households?
Single-person households represent 26.2% of all households in the Prospect SA2, similar to the regional average of 27.7%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 6.2% of households, well below the Greater Adelaide average of 3.7%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Prospect

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43.7% of adults in Prospect hold a university qualification, including 28.0% with a bachelor degree and 11.4% with postgraduate qualifications. A further 15.0% hold a vocational qualification. 6 schools serve the area, with 2,387 enrolment places and an average ICSEA of 1,063 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Prospect exhibits levels of educational attainment that exceed regional trends, with 43.7% of residents aged 15+ holding a university degree, compared to 25.7% across SA and 28.9% throughout Greater Adelaide. This concentration of higher education positions the population well for employment in knowledge-based industries. Bachelor degrees are the most common qualification at 28.0%, followed by postgraduate degrees at 11.4% and graduate diplomas at 4.3%. Vocational and technical training is also well represented, with 25.0% of residents aged 15+ holding qualifications in these fields, split between advanced diplomas at 10.0% and certificates at 15.0%.

The rate of educational enrollment is high, with 31.1% of the population participating in formal study. This student population includes 10.2% enrolled in primary schools, 8.6% in tertiary institutions, and 6.3% attending secondary schools.

Frequently Asked Questions - Education

What percentage of people in the Prospect SA2 have university qualifications?
43.7% of people aged 15 and over in the Prospect SA2 have university qualifications, compared to 28.9% in the broader region.
What percentage of people in the Prospect SA2 have no formal qualifications?
31.1% of people aged 15 and over in the Prospect SA2 have no formal qualifications, compared to 39.0% regionally.
How does the Prospect SA2's education level compare to national averages?
The prospect sa2 ranks in the 73th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the Prospect SA2?
The most common qualifications in the Prospect SA2 are: Bachelor Degree (28.0%), Certificate (15.0%), Postgraduate (11.4%).
What proportion of the Prospect SA2's population is currently attending educational institutions?
31.1% of the population in the Prospect SA2 is currently engaged in formal education, with 10.2% in primary school, 6.3% in secondary school, 8.6% at university.
What is the ICSEA score for schools in the Prospect SA2?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the Prospect SA2 is 1063, indicating average socio-educational advantage (national average is 1000).
How many schools are located within the Prospect SA2?
There are 6 schools within the Prospect SA2, with a combined enrollment of approximately 2,387 students.
What types of schools are available in the Prospect SA2?
The prospect sa2 includes 3 primary schools, 2 secondary schools, 1 combined school.

Schools Detail

AmenitiesServices & Amenities in Prospect

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Getting AroundTransport & Commuting in Prospect

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Public transport in Prospect reaches 65 stops on 35 routes, timetabled for about 2,900 services a week. The typical home sits about 190 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.3 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

An assessment of public transport shows 65 active stops in Prospect, consisting of bus and train facilities. These locations are served by 35 separate routes, which combine to support 2,900 passenger journeys each week. Transport access is rated as excellent, with residents living an average of 194 meters from their nearest stop. Because the area is primarily residential, most workers commute out of the suburb, with private cars being the main transport mode at 82%, followed by buses at 10% and cycling at 2%. Households own an average of 1.3 cars.

A relatively low 11.9% of residents worked from home, according to 2021 Census statistics, which may reflect the influence of COVID-19 conditions. Public transport services average 414 trips daily across all active routes, which translates to roughly 44 weekly trips for each individual stop in the network.

Frequently Asked Questions - Transport

How many public transport stops are in Prospect?
There are 65 public transport stops within the Prospect SA2.
How frequent are the transport services in Prospect?
the Prospect SA2 has 2,900 weekly trips across 35 routes, averaging 414 trips per day.
How far are residents from public transport in Prospect?
On average, residential properties are 194 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Prospect

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73.4% of residents in Prospect report no long-term health condition. 5.2% need daily assistance with core activities, and 58.4% hold private health cover. The standardised death rate runs at 4.8 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Prospect displays positive health trends based on AreaSearch's evaluation of mortality data and the prevalence of chronic illnesses, with common health conditions occurring infrequently in the general population and aligning with national averages among older, higher-risk cohorts. Additionally, the rate of private health insurance is high, covering approximately 58% of the population, or about 10,116 people, compared to a rate of 52.7% across Greater Adelaide. The most prevalent health issues recorded in the suburb are mental health conditions and asthma, affecting 7.7 and 6.7% of residents, respectively. Meanwhile, 73.4% of the population reported having no chronic medical conditions, compared to 67.9% across Greater Adelaide.

The population under the age of 65 exhibits strong health profiles. Residents aged 65 and over make up 15.6% of the population, representing 2,698 people, which is below the Greater Adelaide average of 19.2%. Health outcomes within this senior demographic are positive, though they rank lower nationally than the outcomes seen in the suburb's younger cohorts.

Frequently Asked Questions - Health

How many people in the Prospect SA2 have private health insurance?
Around 58.4% of people in the Prospect SA2 are covered by private health insurance, which compares to 52.7% in the broader region of Greater Adelaide.
What percentage of the population requires ongoing medical assistance in the Prospect SA2?
In the Prospect SA2, 5.2% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 6.6% of people in Greater Adelaide require similar assistance.
How prevalent is asthma in the Prospect SA2?
6.7% of people in the Prospect SA2 are diagnosed with asthma. In comparison, 7.7% of the population across Greater Adelaide is affected by asthma.
What percentage of people have diabetes in the Prospect SA2?
Diabetes affects 3.8% of the the Prospect SA2 population, while in the surrounding region, 4.8% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the Prospect SA2?
3.1% of people in the Prospect SA2 have heart disease. Across the region of Greater Adelaide, 3.8% of the population is affected by heart disease.
How does the Prospect SA2 compare to the region in terms of overall private health coverage?
In the Prospect SA2, 58.4% of the population are estimated to have private health insurance. Comparatively, Greater Adelaide sees an estimated private health coverage rate of 52.7%.

Ancestry & LanguageCultural Diversity in Prospect

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30.2% of Prospect residents were born overseas and 30.4% speak a language other than English at home. The largest reported ancestries are English (21.7%) and Australian (19.0%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Prospect displays a higher degree of cultural diversity than most comparable areas, with 30.2% of its residents born outside of Australia and 30.4% using a language other than English at home. Christianity is the most common religious affiliation, representing 45.9% of the population. The most distinct variance from regional averages is in the Other category, which accounts for 2.1% of residents in Prospect compared to 1.8% across Greater Adelaide. Looking at ancestral backgrounds based on parents' place of birth, the three largest groups in Prospect are English at 21.7% of the population, which is below the regional average of 27.8%, Australian at 19.0%, and Other at 10.3%.

There are also distinct differences in the representation of other backgrounds compared to the broader region: Greek ancestry is represented at 5.3% of Prospect compared to 2.0% regionally, Italian ancestry is at 8.0% compared to 5.2% regionally, and Vietnamese ancestry stands at 3.6% compared to 1.2% regionally.

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the Prospect SA2?
Prospect was found to be more culturally diverse than the vast majority of local markets, with 30.2% of its population born overseas and 30.4% speaking a language other than English at home.
What is the most common religion in the Prospect SA2?
The main religion in Prospect was found to be Christianity, which makes up 45.9% of people in Prospect. However, the most apparent overrepresentation was in Other, which comprises 2.1% of the population, compared to 1.8% across Greater Adelaide.
What are the top countries of origin in the Prospect SA2?
In terms of ancestry (country of birth of parents), the top three represented groups in Prospect are English, comprising 21.7% of the population, which is notably lower than the regional average of 27.8%, Australian, comprising 19.0% of the population, and Other, comprising 10.3% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Greek is notably overrepresented at 5.3% of Prospect (vs 2.0% regionally), Italian at 8.0% (vs 5.2%) and Vietnamese at 3.6% (vs 1.2%).
How does the percentage of people born overseas compare to the regional average?
30.2% of the the Prospect SA2 population was born overseas, compared to 28.7% regionally.
What percentage of the the Prospect SA2 population speaks a language other than English at home?
30.4% of the population in the Prospect SA2 speaks a language other than English at home, compared to 22.2% in the wider region.
How many people in the Prospect SA2 identify as Australian Aboriginal?
0.7% of the the Prospect SA2 population identifies as Australian Aboriginal, compared to 1.2% in the region.
What is the citizenship status of the population in the Prospect SA2?
84.1% of the the Prospect SA2 population holds citizenship, compared to 86.3% in the wider region.

Age StructureAge Profile of Prospect

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The median resident of Prospect is 37. 30.9% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The median age in Prospect is 37 years, which is slightly below the Greater Adelaide average of 39 and very close to the national average of 38. The suburb has a notable concentration of residents in the 25 - 34 age bracket, making up 17.4% of the population, while the 75 - 84 cohort is smaller at 4.5% compared to Greater Adelaide. Post-2021 Census estimates indicate the 15 to 24 age group grew from 12.5% to 13.5% of the total population, whereas the 55 to 64 group decreased from 11.9% to 10.4%.

Demographic projections to 2041 indicate significant changes for the suburb, led by a 27% increase in the 45 to 54 group, which is projected to grow by 561 people to reach 2,640 from 2,078, while the 0 to 4 age group is expected to grow by a more modest 10%, adding 84 residents.

Frequently Asked Questions - Age

What is the median age in the Prospect SA2?
According to the latest data, the median age in the Prospect SA2 is 37 years.
How does the Prospect SA2's median age compare to broader areas?
At 37 years, Prospect is 2 years younger than the Greater Adelaide average (39 years) and comparable to the national average (38 years).
What age groups are over-represented in the Prospect SA2?
The most over-represented age group in the Prospect SA2 compared to the Greater Adelaide region is the 25 - 34 group, making up 17.4% of the population.
What age groups are under-represented in the Prospect SA2?
The most under-represented age group in the Prospect SA2 compared to the Greater Adelaide region is the 75 - 84 group, making up 4.5% of the population.
Are there age groups with notable population variances?
No, the age distribution in the Prospect SA2 is broadly in line with the Greater Adelaide region.
What is the percentage of children (0-14 years) in the Prospect SA2?
The percentage of children aged 0-14 years in the Prospect SA2 is 16.4%.
What is the percentage of older people (65+ years) in the Prospect SA2?
The percentage of people aged 65 and over in the Prospect SA2 is 15.6%.

Data & MethodBoundaries, Sources & Method for Prospect

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the SA2 boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily May 2026 3 months ago all 7 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated May 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 406 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (15,785 at the 2021 Census → 17,323 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (401061021). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

Why can the Prospect SA2 boundary differ from the suburb boundary?
This page uses ABS Statistical Area Level 2 (SA2) boundaries for statistical reporting (e.g., census and ERP). SA2 areas can differ materially from Suburbs and Localities (SAL) boundaries, even when they share similar names, because they are defined for different purposes and often use different geographic boundaries.
Where does the data on this Prospect page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Prospect data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (May 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas