At number 2642th in the list of Australian suburbs ordered by increase in median house value over the last year, Paringa, 5340 is in the BOTTOM 40% with a property value increase of 2.38% recorded in median house prices.
LACK OF BUYER INTEREST may well be the reason that Paringa is offering property investors an average of -6.41. This rate of discount on properties puts Suburb at number 167th in terms of most discounted suburbs in SA
At number 3627 in a list of fastest selling suburbs, Paringa is in the bottom 10% of suburbs in Australia with an average of days on market 152.81 for properties listed there.
The SA suburb of Paringa, 5340 is in the Renmark Paringa local government area.