Suburb Profile Report for Reynella SA (5161)

Reynella House: Median price $312,880, Annual capital growth 4.49%, Number of sales 85, Weekly median advertised rent $320

Reynella Unit: Median price $197,000, Annual capital growth 2.19%, Number of sales 19, Weekly median advertised rent $258

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

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  • House Report
  • Unit Report

Investment property in Reynella has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.75%

Reynella,5161 has offered an average of 1.75% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Reynella are currently offering property investors an average price cut of -5.27% below the asking price at the moment.

Advertised rents are around the $320 mark per week – giving a return of 5.32% based on the median price in Suburb

At number 1538th in the list of Australian suburbs ordered by increase in median house value over the last year, Reynella, 5161 is in the BOTTOM 20% with a property value increase of -8.37% recorded in median house prices.

Reynella,5161 was ranked 1483 in Australia by increase in median property value over the quarter.

Property buyers and investors in Reynella 5161 should be seeing an average reduction in asking price of around -5.09% . This means that Reynella is holding prices well when compared to other suburbs in SA.

Using the current median advertised rental of $257.5 and the average annual increase in value of a median property of 2.19%, investors should hope to achieve an overall return of 6.80%

HOUSE UNIT
$312,880 $197,000
-0.67% -4.37%
1.75% -8.37%
4.49% 2.19%
$320 $258
85 19
5.32% 6.80%
63.71 62.57

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 4461
Median household income ($/weekly) 958
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 500 11.2
    25-34 years 703 15.8
    35-44 years 546 12.2
    45-54 years 598 13.4
    55-64 years 586 13.1
    Others 1528 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1523 45.0
    Not Married 1445 42.7
    Defacto Relationship 418 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3387 79.4
    Greece 41 1.0
    Papua New Guinea 64 1.5
    United Kingdom 414 9.7
    Other 112 2.6
    Others 250 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.7
    Christianity 2326 59.2
    Islam 34 0.9
    Other Religious Groups 47 1.2
    No Religion 1480 37.7
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 235 14.5
    $600-$799 202 12.4
    $800-$999 198 12.2
    $1,000-$1,249 223 13.7
    $1,500-$1,999 187 11.5
    Others 581 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1277 36.3
    Not in the labour force 1256 35.7
    Employed, worked part-time 679 19.3
    Unemployed, looking for work 159 4.5
    Employed, away from work 148 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 244 11.6
    Technicians & trades workers 418 19.9
    Community & personal service workers 256 12.2
    Clerical & administrative workers 331 15.7
    Labourers 276 13.1
    Others 579 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 55 6.0
    Infants/Primary 345 37.8
    Secondary 231 25.3
    Technical or Further Educational Institution 110 12.1
    University or other Tertiary Institutions 141 15.5
    Others 30 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3949 93.7
    Semi-detached, row or terrace house, townhouse 137 3.3
    Flat, unit or apartment 128 3.0
    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 797 45.7
    Fully owned 585 33.5
    Rented 349 20.0
    Other tenure type 14 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals