Suburb Profile Report for Paradise SA (5075)

Paradise House: Median price $506,000, Annual capital growth 5.13%, Number of sales 100, Weekly median advertised rent $370

Paradise Unit: Median price $352,500, Annual capital growth 6.45%, Number of sales 19, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2170th in the list of Australian suburbs ordered by increase in median house value over the last year, Paradise, 5075 is in the BOTTOM 50% with a property value increase of 5.09% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Paradise comes in at number 83th 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 Paradise, 5075. Typically our figures indicate that -5.66% is being offered, which puts this SA suburb at 1969th most discounted overall in Australia.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

Investment property in Paradise has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.16%

Over the longer term, Paradise has seen property prices show investors a 8.13% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Paradise are currently offering property investors an average price cut of -4.88% below the asking price at the moment.

Paradise is 136th on a list of best yielding suburbs for rents in SA with a 4.24% return

Metrics i HOUSE UNIT
$506,000 $352,500
0.20% 5.22%
5.09% 10.16%
5.13% 6.45%
$370 $288
100 19
3.80% 4.24%
90.69 57.28

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Paradise SA
Demographics
Total population 6557
Median household income ($/weekly) 1015
Median age of persons 41
Median housing loan repayment ($/monthly) 1408
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 710 10.8
    25-34 years 783 11.9
    35-44 years 865 13.2
    45-54 years 869 13.3
    55-64 years 748 11.4
    Others 2583 39.4
    Age Group
    Census Count Percent(%)
    Registered Married 2606 52.2
    Not Married 2108 42.2
    Defacto Relationship 282 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4315 68.2
    Indonesia 156 2.5
    Japan 487 7.7
    United Kingdom 292 4.6
    Other 321 5.1
    Others 754 11.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 100 1.6
    Christianity 4567 75.0
    Hinduism 89 1.5
    Islam 94 1.5
    No Religion 1143 18.8
    Others 98 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 308 13.5
    $600-$799 228 10.0
    $800-$999 242 10.6
    $1,000-$1,249 211 9.3
    $1,500-$1,999 262 11.5
    Others 1026 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2150 40.6
    Employed, worked full-time 1756 33.1
    Employed, worked part-time 1045 19.7
    Employed, away from work 180 3.4
    Unemployed, looking for work 167 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 10.2
    Professionals 572 19.2
    Technicians & trades workers 458 15.4
    Clerical & administrative workers 531 17.8
    Sales 343 11.5
    Others 775 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 70 4.7
    Infants/Primary 513 34.8
    Secondary 376 25.5
    Technical or Further Educational Institution 133 9.0
    University or other Tertiary Institutions 329 22.3
    Others 54 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5181 84.9
    Semi-detached, row or terrace house, townhouse 506 8.3
    Flat, unit or apartment 418 6.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1003 41.5
    Being purchased 749 31.0
    Rented 624 25.8
    Other tenure type 38 1.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals