Suburb Profile Report for Parkside SA (5063)

Parkside House: Median price $767,500, Annual capital growth 5.42%, Number of sales 60, Weekly median advertised rent $540

Parkside Unit: Median price $525,000, Annual capital growth 4.42%, Number of sales 71, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -2.54% for the last 12 months, Parkside, 5063 has performed for property investments than its average annual 5.42% 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 -2.54% over the period. This ranks it number 1543th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Parkside is giving property investors an average Vendor Discount of around -1.44%. This puts suburb at number 394th in SA when ranking the most discounted suburbs.

Parkside is 288th on a list of best yielding suburbs for rents in SA with a 3.66% return

With a capital gain of 0.00% for the last 12 months, Parkside, 5063 has performed for property investments than its average annual 4.42% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Parkside comes in at number 25th in SA.

The most recent median price for Parkside is $525000, with sellers offering an average of -6.08% off the asking price.

Metrics i HOUSE UNIT
$767,500 $525,000
0.00% -7.08%
-2.54% 0.00%
5.42% 4.42%
$540 $370
60 71
3.66% 3.66%
44.44 64.45

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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