Suburb Profile Report for Para Vista SA (5093)

Para Vista House: Median price $330,000, Annual capital growth 3.98%, Number of sales 49, Weekly median advertised rent $323

Para Vista Unit: Median price $250,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Para Vista, 5093 have given investors a capital gain of -4.49%. This compares very badly with the 3.87% for SA as a whole.

The five-year average increase in median property values for Para Vista,5093 has given property investors a potential capital gain of 9.00% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Para Vista itself are offering an average vendor discount of -3.75% to real estate investors.

Often selling an investment property can take time, and in Para Vista the average time real estate has been on the market is 51.92 days.

Para Vista, 5093’s gross rental yield is 5.08%

The SA suburb of Para Vista, 5093 is in the Salisbury local government area.

Metrics i HOUSE UNIT
$330,000 $250,000
-2.08% N/A
-4.49% N/A
3.98% N/A
$323 $255
49 10
5.08% 5.30%
51.92 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2929
Median household income ($/weekly) 962
Median age of persons 38
Median housing loan repayment ($/monthly) 1343
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 369 12.6
    25-34 years 392 13.4
    35-44 years 403 13.8
    45-54 years 377 12.9
    55-64 years 410 14.0
    Others 977 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 1103 48.8
    Not Married 964 42.6
    Defacto Relationship 195 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2043 72.8
    Greece 31 1.1
    Indonesia 34 1.2
    United Kingdom 237 8.4
    Other 142 5.1
    Others 321 11.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 50 1.9
    Christianity 1652 62.5
    Hinduism 50 1.9
    Islam 116 4.4
    No Religion 753 28.5
    Others 23 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 127 11.9
    $600-$799 136 12.8
    $800-$999 129 12.1
    $1,000-$1,249 118 11.1
    $1,500-$1,999 145 13.6
    Others 409 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 878 38.2
    Employed, worked full-time 801 34.9
    Employed, worked part-time 467 20.3
    Employed, away from work 77 3.4
    Unemployed, looking for work 75 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 178 13.2
    Technicians & trades workers 260 19.3
    Community & personal service workers 162 12.1
    Clerical & administrative workers 225 16.7
    Labourers 164 12.2
    Others 355 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 42 6.4
    Infants/Primary 264 40.2
    Secondary 166 25.3
    Technical or Further Educational Institution 68 10.4
    University or other Tertiary Institutions 99 15.1
    Others 18 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2500 88.3
    Semi-detached, row or terrace house, townhouse 254 9.0
    Flat, unit or apartment 77 2.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 457 40.2
    Rented 343 30.2
    Fully owned 327 28.8
    Other tenure type 9 0.8
    Tenure Type
Census 2011, ABS
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