Suburb Profile Report for Paralowie SA (5108)

Paralowie House: Median price $293,000, Annual capital growth 3.53%, Number of sales 273, Weekly median advertised rent $310

Paralowie Unit: Median price $228,150, Annual capital growth 4.82%, Number of sales 20, Weekly median advertised rent $251

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Paralowie, 5108 have given investors a capital gain of 5.59%. This compares favourably with the 2.92% for SA as a whole.

A 4.64% growth in median value for property investors in Paralowie,5108 puts this suburb at number 199th in terms of best performing suburbs in SA

Vendor discounting in Paralowie is giving property investors an average Vendor Discount of around -6.71%. This puts suburb at number 148th in SA when ranking the most discounted suburbs.

At number 346th in the list of Australian suburbs ordered by increase in median house value over the last year, Paralowie, 5108 is in the top 20% with a property value increase of 11.29% recorded in median house prices.

Over the longer term, Paralowie has seen property prices show investors a 20.08% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.26% offered to property buyers. Sellers in Paralowie itself are offering an average vendor discount of -4.92% to real estate investors.

In the last year 20 properties changed hands in Paralowie, which puts it as the 98th most active market in SA when comparing the number of sales per suburb.

With the median price for a house in Paralowie being $228150 and the advertised rent reaching $251 the gross rental yield for property investors calculates out to be 5.72%

Metrics i HOUSE UNIT
$293,000 $228,150
1.03% -3.73%
5.59% 11.29%
3.53% 4.82%
$310 $251
273 20
5.50% 5.72%
72.45 102.57

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 15871
Median household income ($/weekly) 1133
Median age of persons 31
Median housing loan repayment ($/monthly) 1341
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2501 15.8
    25-34 years 2425 15.3
    35-44 years 2416 15.2
    45-54 years 2362 14.9
    55-64 years 1475 9.3
    Others 4693 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 5093 45.2
    Not Married 4831 42.8
    Defacto Relationship 1354 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 11402 75.6
    Canada 292 1.9
    United Kingdom 970 6.4
    Viet Nam 399 2.6
    Other 766 5.1
    Others 1256 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 1128 7.9
    Christianity 7839 55.1
    Hinduism 126 0.9
    Islam 300 2.1
    No Religion 4731 33.3
    Others 94 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 585 12.2
    $800-$999 527 11.0
    $1,000-$1,249 598 12.4
    $1,250-$1,499 520 10.8
    $1,500-$1,999 749 15.6
    Others 1829 38.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4643 40.3
    Not in the labour force 3669 31.8
    Employed, worked part-time 2145 18.6
    Unemployed, looking for work 605 5.2
    Employed, away from work 472 4.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 1118 15.4
    Community & personal service workers 788 10.9
    Clerical & administrative workers 1047 14.4
    Machinery operators & drivers 915 12.6
    Labourers 1295 17.8
    Others 2092 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 266 6.8
    Infants/Primary 1662 42.4
    Secondary 1162 29.7
    Technical or Further Educational Institution 373 9.5
    University or other Tertiary Institutions 318 8.1
    Others 138 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14812 97.3
    Flat, unit or apartment 232 1.5
    Semi-detached, row or terrace house, townhouse 174 1.1
    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 2916 56.3
    Rented 1180 22.8
    Fully owned 1065 20.6
    Other tenure type 21 0.4
    Tenure Type
Census 2011, ABS
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