Suburb Profile Report for Risdon Park South SA (5540)

Risdon Park South House: Median price $222,500, Annual capital growth 3.92%, Number of sales 27, Weekly median advertised rent $265

Risdon Park South Unit: Median price $89,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $175

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

Source: CoreLogic

  • House Report
  • Unit Report

Risdon Park South, 5540 ranked 452th in SA when comparing growth in median property values or capital gain over the last 12 months. Risdon Park South is one of 853 in our list for SA

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Risdon Park South has fallen somewhat when compared to the 5 year average annual rate.

Vendor discounting in Risdon Park South is giving property investors an average Vendor Discount of around -6.20%. This puts suburb at number 178th in SA when ranking the most discounted suburbs.

In the last year 27 properties changed hands in Risdon Park South, which puts it as the 321th most active market in SA when comparing the number of sales per suburb.

Risdon Park South is 31th on a list of best yielding suburbs for rents in SA with a 6.19% return

When looking at the potential capital gains offered to property investors over the last 3 years, Risdon Park South comes in at number 104th in SA.

Advertised rents are around the $175 mark per week – giving a return of 10.17% based on the median price in Suburb

HOUSE UNIT
$222,500 $89,500
2.77% N/A
-26.45% N/A
3.92% N/A
$265 $175
27 10
6.19% 10.17%
133.23 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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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