Suburb Profile Report for Park Holme SA (5043)

Park Holme House: Median price $491,000, Annual capital growth 5.36%, Number of sales 40, Weekly median advertised rent $370

Park Holme Unit: Median price $394,000, Annual capital growth 6.48%, Number of sales 26, Weekly median advertised rent $343

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.17% which means that Park Holme, 5043 has done well for property investors by showing a capital gain of 9.11% over the last year

A 29.21% growth in median value for property investors in Park Holme,5043 puts this suburb at number 300th in terms of best performing suburbs in SA

Property buyers and investors in Park Holme 5043 should be seeing an average reduction in asking price of around -3.69% . This means that Park Holme is holding prices well when compared to other suburbs in SA.

In the last year 40 properties changed hands in Park Holme, which puts it as the 240th most active market in SA when comparing the number of sales per suburb.

With the median price for a house in Park Holme being $491000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.92%

Park Holme is an average performer in SA when comparing median price capital growth over the last year. Park Holme gave property investors a average capital gain figure when compared to the rest of the state, with 1.03%.

Taking the average capital gain, or increase in median house value, Park Holme,5043 has racked up an average of 1.03% over the period. This ranks it number 972th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Park Holme, 5043. Typically our figures indicate that -6.38% is being offered, which puts this SA suburb at 387th most discounted overall in Australia.

At number 974 in a list of fastest selling suburbs, Park Holme is in the bottom 40% of suburbs in Australia with an average of days on market 90.54 for properties listed there.

Advertised rents are around the $342.5 mark per week – giving a return of 4.52% based on the median price in Suburb

Metrics i HOUSE UNIT
$491,000 $394,000
-0.20% 2.87%
9.11% 1.03%
5.36% 6.48%
$370 $343
40 26
3.92% 4.52%
44.9 90.54

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2732
Median household income ($/weekly) 861
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 432 15.8
    35-44 years 343 12.6
    45-54 years 317 11.6
    55-64 years 334 12.2
    65-74 years 239 8.7
    Others 1067 39.1
    Age Group
    Census Count Percent(%)
    Not Married 1132 53.0
    Registered Married 796 37.3
    Defacto Relationship 206 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1849 72.5
    Croatia 89 3.5
    Philippines 48 1.9
    United Kingdom 142 5.6
    Other 130 5.1
    Others 294 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 77 3.2
    Christianity 1446 59.4
    Islam 74 3.0
    Other Religious Groups 35 1.4
    No Religion 771 31.7
    Others 32 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 127 11.6
    $400-$599 153 14.0
    $600-$799 137 12.6
    $1,000-$1,249 116 10.6
    $1,500-$1,999 124 11.4
    Others 434 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 942 42.5
    Employed, worked full-time 755 34.1
    Employed, worked part-time 363 16.4
    Unemployed, looking for work 86 3.9
    Employed, away from work 71 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 274 23.0
    Technicians & trades workers 163 13.7
    Community & personal service workers 130 10.9
    Clerical & administrative workers 200 16.8
    Sales 125 10.5
    Others 298 25.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 184 32.7
    Secondary 111 19.7
    Technical or Further Educational Institution 60 10.7
    University or other Tertiary Institutions 153 27.2
    Other type of educational institution 29 5.2
    Others 26 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1721 67.9
    Semi-detached, row or terrace house, townhouse 610 24.1
    Flat, unit or apartment 202 8.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 485 42.0
    Being purchased 338 29.3
    Fully owned 321 27.8
    Other tenure type 11 1.0
    Tenure Type
Census 2011, ABS
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