Suburb Profile Report for Parkside SA (5063)

Parkside House: Median price $787,500, Annual capital growth 5.69%, Number of sales 70, Weekly median advertised rent $510

Parkside Unit: Median price $580,000, Annual capital growth 8.53%, Number of sales 69, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Parkside is an average performer in SA when comparing median price capital growth over the last year. Parkside gave property investors a average capital gain figure when compared to the rest of the state, with 2.77%.

The five-year average increase in median property values for Parkside,5063 has given property investors a potential capital gain of 18.07% across each of those five years.

Parkside5063 is located in SA which offers an average discount of -6.54% to property investors. Parkside itself is showing figures that indicate -3.47% is the average achievable by property buyers investing in the suburb.

If you compare the increase in value of investment property in Parkside, 5063 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 34.65%.

Parkside,5063 was ranked 227 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Parkside are currently offering property investors an average price cut of -4.78% below the asking price at the moment.

Parkside is 187th on a list of best yielding suburbs for rents in SA with a 3.32% return

HOUSE UNIT
$787,500 $580,000
0.00% 4.84%
2.77% 34.65%
5.69% 8.53%
$510 $370
70 69
3.37% 3.32%
63.31 51.18

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4633
Median household income ($/weekly) 1425
Median age of persons 37
Median housing loan repayment ($/monthly) 1970
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 451 9.7
    25-34 years 843 18.2
    35-44 years 735 15.9
    45-54 years 609 13.1
    55-64 years 541 11.7
    Others 1454 31.4
    Age Group
    Census Count Percent(%)
    Not Married 1675 47.2
    Registered Married 1449 40.9
    Defacto Relationship 422 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3309 74.4
    Hong Kong 122 2.7
    Japan 117 2.6
    United Kingdom 254 5.7
    Other 160 3.6
    Others 484 10.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 70 1.7
    Christianity 2471 58.3
    Hinduism 41 1.0
    Islam 51 1.2
    No Religion 1569 37.0
    Others 37 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 155 8.6
    $600-$799 152 8.5
    $1,500-$1,999 217 12.1
    $2,000-$2,499 157 8.7
    $2,500-$2,999 212 11.8
    Others 902 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1606 42.4
    Not in the labour force 1083 28.6
    Employed, worked part-time 834 22.0
    Employed, away from work 133 3.5
    Unemployed, looking for work 132 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 379 14.8
    Professionals 1058 41.2
    Community & personal service workers 203 7.9
    Clerical & administrative workers 345 13.4
    Sales 202 7.9
    Others 381 14.8
    Occupation
    Census Count Percent(%)
    Pre-school 62 5.4
    Infants/Primary 342 29.7
    Secondary 185 16.1
    Technical or Further Educational Institution 101 8.8
    University or other Tertiary Institutions 436 37.8
    Others 26 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2785 64.8
    Semi-detached, row or terrace house, townhouse 996 23.2
    Flat, unit or apartment 518 12.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 737 38.1
    Fully owned 595 30.8
    Being purchased 585 30.3
    Other tenure type 16 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals