Suburb Profile Report for Reynella SA (5161)

Reynella House: Median price $312,440, Annual capital growth 4.50%, Number of sales 80, Weekly median advertised rent $320

Reynella Unit: Median price $194,500, Annual capital growth 1.71%, Number of sales 23, Weekly median advertised rent $258

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

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With a capital gain of 0.06% for the last 12 months, Reynella, 5161 has performed for property investments than its average annual 4.50% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Reynella has increased when compared to the 5 year average annual rate.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.46% offered to property buyers. Sellers in Reynella itself are offering an average vendor discount of -5.19% to real estate investors.

In the last year 80 properties changed hands in Reynella, which puts it as the 87th most active market in SA when comparing the number of sales per suburb.

Reynella, 5161’s gross rental yield is 5.33%

Reynella, 5161 ranked 155th in SA when comparing growth in median property values or capital gain over the last 12 months. Reynella is one of 853 in our list for SA

Across a shorter period, Reynella, 5161 has seen a median price increase of -1.27% over the last quarter.

Property buyers and investors in Reynella 5161 should be seeing an average reduction in asking price of around -8.28% . This means that Reynella is holding prices well when compared to other suburbs in SA.

On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.

Using the current median advertised rental of $257.5 and the average annual increase in value of a median property of 1.71%, investors should hope to achieve an overall return of 6.88%

HOUSE UNIT
$312,440 $194,500
0.14% -1.27%
0.06% -11.39%
4.50% 1.71%
$320 $258
80 23
5.33% 6.88%
64.28 71.15

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 : Above average (U), Very good (H)
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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
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Recent sales & rentals