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Lockleys (SA) property development snapshot

GoSiteHunt Research · South Australia · West Torrens · sales 2Q 2026 · rents 1 January - 31 March 2026

$1,585,000
Median house price · 2Q 2026
+28%
Median change, year on year
27
House sales in the period
$725/wk
Median rent · houses, all beds
2.4%
Indicative gross yield

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$640/wk (low sample)$700/wk (15 bonds)$940/wk (low sample)$725/wk (20 bonds)
Unit$400/wk (low sample)$525/wk (low sample)$650/wk (low sample)$550/wk (10 bonds)

Bond-lodgement medians from the SA Rental Bond Data — Private Rental Report, data.sa.gov.au (CC-BY, SA Housing Trust), 1 January - 31 March 2026. "Low sample" = the count is masked or small at source; treat those medians with care.

What the data suggests for developers.

At around 2.4% gross, rent barely registers against the $1,585,000 median — this is an end-value-led market. A feasibility in Lockleys stands or falls on the sale price of the finished product, and holding costs bite harder while you build. The median moved +28% year-on-year on 27 sales — momentum is real, but never pay for it twice: if the asking price already banks the growth, the residual land value has to be run on today's evidence, not the trend line. All of the above is area-level screening, not advice: a specific parcel lives or dies on zoning, overlays, frontage, and the end value of what it can actually carry.

Check a specific address in Lockleys.

This page is suburb-level screening. For one property — zoning, what could be built, what a developer could pay — run a GoSiteHunt site check, screen it with the free Deal Killer Checklist, or see how many units fit on a block.

Related suburb snapshots: Brooklyn Park · Camden Park · Cowandilla

State-wide ranking: Adelaide Opportunity Index · all covered areas: suburb data hub

Granularity & method.

Suburb-level data. Rents are quarterly bond-lodgement medians from the SA Private Rental Report; sale medians are the data.sa.gov.au metropolitan median house sales series (country suburbs may show rents only). Indicative gross yield = headline weekly bond median × 52 ÷ sale median — a screening ratio, not a valuation input.

Sources: SA Private Rental Report bond data, SA Housing Trust via data.sa.gov.au (CC-BY) · data.sa.gov.au Metropolitan Median House Sales (CC-BY 4.0) · Indicative screening data — not financial, investment, valuation or planning advice. Area medians can move sharply between periods, especially on thin samples. © Madison Jade Pty Ltd.