At number 1490th in the list of Australian suburbs ordered by increase in median house value over the last year, Renmark, 5341 is in the top 40% with a property value increase of 10.82% recorded in median house prices.
While Renmark,5341 ranked number 13th in SA for increase in median house value (annualised) increase, it is ranked 182th over the last 5 years.
Sellers are offering property buyers an average discount of -5.80% to buyers in Renmark at the moment, which is less than average for the rest of SA.
Residents and property investors in Renmark have been waiting around 108.89 days to sell a property.
Property investors should expect to get $235 weekly from the median priced house in this suburb.
If we look at median property appreciation over just the last three months, Renmark has given property investors a paper return of 1.08%. This puts Suburb as 79 on a list of fastest fasting appreciating suburbs in SA
Renmark is 77th on a list of best yielding suburbs for rents in SA with a 4.87% return