Suburb Profile Report for Parafield Gardens SA (5107)

Parafield Gardens House: Median price $300,000, Annual capital growth 4.06%, Number of sales 232, Weekly median advertised rent $315

Parafield Gardens Unit: Median price $264,750, Annual capital growth 6.04%, Number of sales 16, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Parafield Gardens, 5107 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 -1.64%.

Taking the average capital gain, or increase in median house value, Parafield Gardens,5107 has racked up an average of -1.64% over the period. This ranks it number 2662th in the whole country for real estate investors looking at median house price increases.

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 Parafield Gardens, 5107. Typically our figures indicate that -5.39% is being offered, which puts this SA suburb at 2259th most discounted overall in Australia.

Property investors should expect to get $315 weekly from the median priced house in this suburb.

Parafield Gardens has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.85% to date .

Parafield Gardens,5107 was ranked 171 in Australia by increase in median property value over the quarter.

Parafield Gardens, 5107 is offering SA ‘s 119th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this SA.

Parafield Gardens is 39th on a list of best yielding suburbs for rents in SA with a 5.55% return

HOUSE UNIT
$300,000 $264,750
0.00% 6.33%
-1.64% 4.85%
4.06% 6.04%
$315 $283
232 16
5.46% 5.55%
61.25 88.75

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 15318
Median household income ($/weekly) 980
Median age of persons 35
Median housing loan repayment ($/monthly) 1387
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 2005 13.1
    25-34 years 2167 14.1
    35-44 years 2052 13.4
    45-54 years 2206 14.4
    55-64 years 1698 11.1
    Others 5189 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 5366 46.9
    Not Married 5095 44.6
    Defacto Relationship 975 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 9858 67.3
    Canada 343 2.3
    United Kingdom 992 6.8
    Viet Nam 827 5.6
    Other 805 5.5
    Others 1817 12.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1253 8.9
    Christianity 8203 58.5
    Hinduism 251 1.8
    Islam 428 3.1
    No Religion 3779 27.0
    Others 98 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 616 12.9
    $600-$799 566 11.9
    $800-$999 513 10.7
    $1,000-$1,249 538 11.3
    $1,500-$1,999 634 13.3
    Others 1908 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4737 40.2
    Employed, worked full-time 3992 33.9
    Employed, worked part-time 1978 16.8
    Unemployed, looking for work 570 4.8
    Employed, away from work 492 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 1042 16.1
    Community & personal service workers 714 11.1
    Clerical & administrative workers 879 13.6
    Machinery operators & drivers 775 12.0
    Labourers 1173 18.2
    Others 1877 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 230 6.5
    Infants/Primary 1332 37.5
    Secondary 1078 30.4
    Technical or Further Educational Institution 372 10.5
    University or other Tertiary Institutions 430 12.1
    Others 109 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13779 93.3
    Semi-detached, row or terrace house, townhouse 800 5.4
    Flat, unit or apartment 174 1.2
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2325 44.8
    Rented 1418 27.4
    Fully owned 1361 26.3
    Other tenure type 80 1.5
    Tenure Type
Census 2011, ABS
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