Suburb Profile Report for Parkside SA (5063)

Parkside House: Median price $760,000, Annual capital growth 5.49%, Number of sales 66, Weekly median advertised rent $520

Parkside Unit: Median price $568,000, Annual capital growth 7.87%, Number of sales 71, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -4.40% for the last 12 months, Parkside, 5063 has performed for property investments than its average annual 5.49% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Parkside,5063 has racked up an average of -4.40% over the period. This ranks it number 1445th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -2.86% to buyers in Parkside at the moment, which is less than average for the rest of SA.

In the last year 66 properties changed hands in Parkside, which puts it as the 129th most active market in SA when comparing the number of sales per suburb.

Parkside is 319th on a list of best yielding suburbs for rents in SA with a 3.56% return

Parkside, 5063 ranked 6th in SA when comparing growth in median property values or capital gain over the last 12 months. Parkside is one of 853 in our list for SA

If we look at median property appreciation over just the last three months, Parkside has given property investors a paper return of 1.43%. This puts Suburb as 79 on a list of fastest fasting appreciating suburbs in SA

LACK OF BUYER INTEREST may well be the reason that Parkside is offering property investors an average of -6.11. This rate of discount on properties puts Suburb at number 121th in terms of most discounted suburbs in SA

The SA suburb of Parkside, 5063 is in the Unley local government area.

HOUSE UNIT
$760,000 $568,000
0.38% 1.43%
-4.40% 30.35%
5.49% 7.87%
$520 $360
66 71
3.56% 3.30%
69.43 54

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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