Suburb Profile Report for Risdon Park South SA (5540)

Risdon Park South House: Median price $257,000, Annual capital growth 5.39%, Number of sales 23, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Investment property in Risdon Park South has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -21.65%

Taking the average capital gain, or increase in median house value, Risdon Park South,5540 has racked up an average of -21.65% over the period. This ranks it number 3697th in the whole country for real estate investors looking at median house price increases.

Risdon Park South, 5540 is offering SA ‘s 77th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.

On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.

Renters in Suburb are facing rents around $3000 per annum or $250 every week.

Metrics i HOUSE UNIT
$257,000 N/A
8.90% N/A
-21.65% N/A
5.39% N/A
$250 N/A
23 N/A
5.06% N/A
152.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1976
Median household income ($/weekly) 1031
Median age of persons 40
Median housing loan repayment ($/monthly) 1200
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 278 14.1
    35-44 years 270 13.7
    45-54 years 287 14.5
    55-64 years 278 14.1
    65-74 years 220 11.1
    Others 643 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 867 58.9
    Not Married 522 35.5
    Defacto Relationship 82 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1769 92.4
    Japan 17 0.9
    South Africa 11 0.6
    United Kingdom 40 2.1
    Other 28 1.5
    Others 50 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.5
    Christianity 1302 71.3
    Hinduism 10 0.5
    Islam 17 0.9
    No Religion 480 26.3
    Others 7 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 70 9.6
    $400-$599 101 13.9
    $600-$799 69 9.5
    $1,500-$1,999 86 11.8
    $2,000-$2,499 74 10.2
    Others 328 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 609 40.0
    Employed, worked full-time 511 33.6
    Employed, worked part-time 279 18.3
    Employed, away from work 72 4.7
    Unemployed, looking for work 51 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 133 15.6
    Technicians & trades workers 109 12.8
    Community & personal service workers 104 12.2
    Clerical & administrative workers 105 12.3
    Sales 119 13.9
    Others 284 33.3
    Occupation
    Census Count Percent(%)
    Pre-school 33 7.6
    Infants/Primary 191 43.9
    Secondary 153 35.2
    Technical or Further Educational Institution 35 8.0
    University or other Tertiary Institutions 16 3.7
    Others 7 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1567 82.8
    Semi-detached, row or terrace house, townhouse 317 16.8
    Caravan, cabin, houseboat 8 0.4
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 264 34.3
    Being purchased 257 33.4
    Rented 239 31.1
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
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