Suburb Profile Report for Park Holme SA (5043)

Park Holme House: Median price $452,500, Annual capital growth 5.03%, Number of sales 31, Weekly median advertised rent $380

Park Holme Unit: Median price $406,000, Annual capital growth 6.66%, Number of sales 25, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Park Holme have tracked just lower than the SA average of 3.04% over the last 12 months.

The most recent median price for Park Holme is $452500, with sellers offering an average of -3.96% off the asking price.

At number 47 in a list of fastest selling suburbs, Park Holme is in the TOP 10% of suburbs in Australia with an average of days on market 30.57 for properties listed there.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 5.03%.

Park Holme, 5043 ranked 49th in SA when comparing growth in median property values or capital gain over the last 12 months. Park Holme is one of 853 in our list for SA

Taking the average capital gain, or increase in median house value, Park Holme,5043 has racked up an average of 11.23% over the period. This ranks it number 1174th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Park Holme should be aiming for at least -7.06% off the asking price, which is the average vendor discount being achieved at the moment.

The SA suburb of Park Holme, 5043 is in the Marion local government area.

HOUSE UNIT
$452,500 $406,000
N/A 1.50%
0.56% 11.23%
5.03% 6.66%
$380 $335
31 25
4.37% 4.29%
30.57 70.94

Source: CoreLogic

DSR Score for property investment : Good (U), 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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