Suburb Profile Report for Para Vista SA (5093)

Para Vista House: Median price $339,750, Annual capital growth 4.09%, Number of sales 53, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Para Vista, 5093 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 0.67%.

A 8.03% growth in median value for property investors in Para Vista,5093 puts this suburb at number 342th in terms of best performing suburbs in SA

Sellers are offering property buyers an average discount of -5.04% to buyers in Para Vista at the moment, which is less than average for the rest of SA.

At number 1048 in a list of fastest selling suburbs, Para Vista is in the TOP 30% of suburbs in Australia with an average of days on market 63.78 for properties listed there.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at 4.09%.

Metrics i HOUSE UNIT
$339,750 N/A
-1.81% N/A
0.67% N/A
4.09% N/A
$320 N/A
53 N/A
4.90% N/A
63.78 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Para Vista SA
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
Chart Table
Recent sales & rentals