Suburb Profile Report for Parkside SA (5063)

Parkside House: Median price $775,000, Annual capital growth 5.53%, Number of sales 62, Weekly median advertised rent $520

Parkside Unit: Median price $525,000, Annual capital growth 5.55%, 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

Giving property investors a an unimpressive capital gain of -3.13% for the last year, Parkside, 5063 is the 3323th highest performer in Australia in this respect.

A 26.02% growth in median value for property investors in Parkside,5063 puts this suburb at number 405th in terms of best performing suburbs in SA

At number 389th of SA’s most discounted properties, Parkside is in the TOP 10% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $520 weekly from the median priced house in this suburb.

Property value increases in Parkside have tracked close to the SA average of 3.81% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Parkside comes in at number 21th in SA.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Parkside, 5063. Typically our figures indicate that -6.17% is being offered, which puts this SA suburb at 465th most discounted overall in Australia.

With the median price for a house in Parkside being $525000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.66%

Metrics i HOUSE UNIT
$775,000 $525,000
-4.67% -7.08%
-3.13% 1.55%
5.53% 5.55%
$520 $370
62 71
3.49% 3.66%
44.44 66.91

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
Chart Table
Recent sales & rentals