Suburb Profile Report for Paradise SA (5075)

Paradise House: Median price $505,000, Annual capital growth 5.34%, Number of sales 104, Weekly median advertised rent $368

Paradise Unit: Median price $335,000, Annual capital growth 6.92%, Number of sales 21, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Paradise have tracked just higher than the SA average of 2.82% over the last 12 months.

Across a shorter period, Paradise, 5075 has seen a median price increase of 0.00% over the last quarter.

Property buyers and investors in Paradise 5075 should be seeing an average reduction in asking price of around -6.02% . This means that Paradise is holding prices well when compared to other suburbs in SA.

In the last year 104 properties changed hands in Paradise, which puts it as the 48th most active market in SA when comparing the number of sales per suburb.

Situated 8.74km from the CBD, Paradise is one of Campbelltown localities in the postcode 5075.

SA has seen average median house prices change by 3.03% which means that Paradise, 5075 has done well for property investors by showing a capital gain of 18.58% over the last year

Taking the average capital gain, or increase in median house value, Paradise,5075 has racked up an average of 18.58% over the period. This ranks it number 1265th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Paradise are currently offering property investors an average price cut of -4.79% below the asking price at the moment.

Residents and property investors in Paradise have been waiting around 67.14 days to sell a property.

Situated 7.10km from the CBD, Paradise is one of Campbelltown localities in the postcode 5075.

HOUSE UNIT
$505,000 $335,000
0.00% -1.47%
7.91% 18.58%
5.34% 6.92%
$368 $290
104 21
3.78% 4.50%
86.56 67.14

Source: CoreLogic

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