Suburb Profile Report for Paralowie SA (5108)

Paralowie House: Median price $295,000, Annual capital growth 3.60%, Number of sales 280, Weekly median advertised rent $310

Paralowie Unit: Median price $220,000, Annual capital growth 3.62%, Number of sales 19, Weekly median advertised rent $258

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Paralowie has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.50%

While Paralowie,5108 ranked number 160th in SA for increase in median house value (annualised) increase, it is ranked 277th over the last 5 years.

Vendor discounting in Paralowie is giving property investors an average Vendor Discount of around -6.63%. This puts suburb at number 153th in SA when ranking the most discounted suburbs.

Residents and property investors in Paralowie have been waiting around 72.52 days to sell a property.

SA has seen average median house prices change by 3.81% which means that Paralowie, 5108 has done well for property investors by showing a capital gain of 3.53% over the last year

Paralowie,5108 has offered an average of 3.53% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Paralowie is giving property investors an average Vendor Discount of around -4.95%. This puts suburb at number 126th in SA when ranking the most discounted suburbs.

Paralowie, 5108’s gross rental yield is 6.09%

Metrics i HOUSE UNIT
$295,000 $220,000
1.72% -6.38%
6.50% 3.53%
3.60% 3.62%
$310 $258
280 19
5.46% 6.09%
72.52 73.47

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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Recent sales & rentals