At number 3959th in the list of Australian suburbs ordered by increase in median house value over the last year, Renmark, 5341 is in the BOTTOM 10% with a property value increase of -11.66% recorded in median house prices.
Renmark,5341 has offered an average of -11.66% return per annum in house price rises to property investors over the last three years.
At number 298th of SA’s most discounted properties, Renmark is in the TOP 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 7.50 sales per month, which equates to 90 per year.
Renters in Suburb are facing rents around $2520 per annum or $210 every week.
Renmark has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 9.85% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Renmark has increased when compared to the 5 year average annual rate.
Situated 213.54km from the CBD, Renmark is one of Renmark Paringa localities in the postcode 5341.