Over the last year, property investments in Paringa, 5340 have given investors a capital gain of -9.30%. This compares very badly with the 3.22% for SA as a whole.
Paringa,5340 was ranked 4038 in Australia by increase in median property value over the quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Paringa itself are offering an average vendor discount of -6.88% to real estate investors.
Situated 217.42km from the CBD, Paringa is one of Renmark Paringa localities in the postcode 5340.