Suburb Profile Report for Munno Para SA (5115)

Munno Para House: Median price $257,000, Annual capital growth 5.62%, Number of sales 61, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

Investment property in Munno Para 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 4.90%

Across a shorter period, Munno Para, 5115 has seen a median price increase of 1.18% over the last quarter.

Property buyers and investors in Munno Para 5115 should be seeing an average reduction in asking price of around -7.36% . This means that Munno Para is holding prices well when compared to other suburbs in SA.

A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.87%, without taking into account capital value appreciation, which has been averaging out at 5.62%.

Metrics i HOUSE UNIT
$257,000 N/A
1.18% N/A
4.90% N/A
5.62% N/A
$290 N/A
61 N/A
5.87% N/A
91.16 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1694
Median household income ($/weekly) 790
Median age of persons 34
Median housing loan repayment ($/monthly) 1213
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 259 15.3
    25-34 years 210 12.4
    35-44 years 214 12.6
    45-54 years 218 12.9
    55-64 years 228 13.5
    Others 564 33.3
    Age Group
    Census Count Percent(%)
    Not Married 622 51.6
    Registered Married 398 33.0
    Defacto Relationship 186 15.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1276 81.1
    Greece 13 0.8
    New Zealand 10 0.6
    United Kingdom 212 13.5
    Other 29 1.8
    Others 34 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 783 54.2
    Islam 6 0.4
    Judaism 6 0.4
    Other Religious Groups 10 0.7
    No Religion 636 44.0
    Others 4 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 13.3
    $400-$599 74 13.1
    $600-$799 75 13.3
    $800-$999 60 10.6
    $1,000-$1,249 78 13.8
    Others 203 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 564 46.0
    Employed, worked full-time 340 27.7
    Employed, worked part-time 200 16.3
    Unemployed, looking for work 74 6.0
    Employed, away from work 48 3.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 90 15.3
    Community & personal service workers 75 12.7
    Clerical & administrative workers 80 13.6
    Sales 78 13.2
    Labourers 138 23.4
    Others 129 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 22 6.2
    Infants/Primary 151 42.5
    Secondary 115 32.4
    Technical or Further Educational Institution 33 9.3
    University or other Tertiary Institutions 21 5.9
    Others 13 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1327 83.5
    Semi-detached, row or terrace house, townhouse 166 10.4
    Flat, unit or apartment 93 5.8
    Caravan, cabin, houseboat 4 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 266 43.3
    Being purchased 230 37.5
    Fully owned 112 18.2
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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