Suburb Profile Report for Park Holme SA (5043)

Park Holme House: Median price $485,000, Annual capital growth 5.68%, Number of sales 30, Weekly median advertised rent $380

Park Holme Unit: Median price $394,000, Annual capital growth 6.15%, Number of sales 29, Weekly median advertised rent $333

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Park Holme, 5043 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.79%

While Park Holme,5043 ranked number 39th in SA for increase in median house value (annualised) increase, it is ranked 93th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Park Holme is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 361th in terms of most discounted suburbs in SA

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

SA has seen average median house prices change by 3.03% which means that Park Holme, 5043 has done well for property investors by showing a capital gain of 2.34% over the last year

Comparing Park Holme,5043 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Park Holme are currently offering property investors an average price cut of -7.10% below the asking price at the moment.

Park Holme, 5043’s gross rental yield is 4.39%

HOUSE UNIT
$485,000 $394,000
7.18% -2.96%
12.79% 2.34%
5.68% 6.15%
$380 $333
30 29
4.07% 4.39%
43.4 87.48

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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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