Suburb Profile Report for Renmark SA (5341)

Renmark House: Median price $187,250, Annual capital growth 2.12%, Number of sales 93, Weekly median advertised rent $218

Renmark Unit: Median price $143,750, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $170

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

Source: CoreLogic

  • House Report

Property value increases in Renmark have tracked lower than the SA average of 2.92% over the last 12 months.

Comparing Renmark,5341 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Renmark, 5341. Typically our figures indicate that -5.38% is being offered, which puts this SA suburb at 2278th most discounted overall in Australia.

Often selling an investment property can take time, and in Renmark the average time real estate has been on the market is 94.98 days.

Renmark is 38th on a list of best yielding suburbs for rents in SA with a 6.04% return

HOUSE UNIT
$187,250 $143,750
0.54% N/A
-9.65% N/A
2.12% N/A
$218 $170
93 10
6.04% 6.15%
94.98 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Renmark SA
Demographics
Total population 4386
Median household income ($/weekly) 728
Median age of persons 40
Median housing loan repayment ($/monthly) 1040
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 532 12.1
    25-34 years 590 13.4
    35-44 years 489 11.1
    45-54 years 511 11.6
    55-64 years 516 11.8
    Others 1749 39.9
    Age Group
    Census Count Percent(%)
    Not Married 1454 46.7
    Registered Married 1351 43.4
    Defacto Relationship 311 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3307 82.1
    Hong Kong 90 2.2
    Indonesia 138 3.4
    United Kingdom 123 3.1
    Other 141 3.5
    Others 229 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.1
    Christianity 2330 61.2
    Islam 156 4.1
    Other Religious Groups 167 4.4
    No Religion 1090 28.6
    Others 23 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 236 14.6
    $400-$599 290 18.0
    $600-$799 226 14.0
    $800-$999 193 12.0
    $1,000-$1,249 154 9.6
    Others 513 31.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1458 44.9
    Employed, worked full-time 936 28.8
    Employed, worked part-time 590 18.2
    Unemployed, looking for work 140 4.3
    Employed, away from work 122 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 10.8
    Professionals 200 12.2
    Technicians & trades workers 182 11.1
    Community & personal service workers 174 10.6
    Labourers 433 26.3
    Others 479 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 50 6.3
    Infants/Primary 339 42.4
    Secondary 210 26.3
    Technical or Further Educational Institution 105 13.1
    University or other Tertiary Institutions 59 7.4
    Others 36 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3337 85.6
    Flat, unit or apartment 344 8.8
    Semi-detached, row or terrace house, townhouse 198 5.1
    Caravan, cabin, houseboat 12 0.3
    House or flat attached to a shop, office 9 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 753 43.6
    Fully owned 529 30.6
    Being purchased 428 24.8
    Other tenure type 17 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals