Suburb Profile Report for Risdon Park SA (5540)

Risdon Park House: Median price $180,000, Annual capital growth 2.00%, Number of sales 50, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Risdon Park, 5540 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.26%

While Risdon Park,5540 ranked number 131th in SA for increase in median house value (annualised) increase, it is ranked 389th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Risdon Park is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in SA

The SA suburb of Risdon Park, 5540 is in the Port Pirie City and Dists local government area.

Metrics i HOUSE UNIT
$180,000 N/A
2.86% N/A
-4.26% N/A
2.00% N/A
$230 N/A
50 N/A
6.64% N/A
139.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Risdon Park SA
Demographics
Total population 4026
Median household income ($/weekly) 716
Median age of persons 40
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 603 15.0
    25-34 years 397 9.9
    35-44 years 504 12.5
    45-54 years 522 13.0
    55-64 years 474 11.8
    Others 1525 37.9
    Age Group
    Census Count Percent(%)
    Registered Married 1311 46.3
    Not Married 1243 43.9
    Defacto Relationship 279 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3571 92.9
    Japan 27 0.7
    Philippines 17 0.4
    United Kingdom 121 3.1
    Other 31 0.8
    Others 77 2.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.2
    Christianity 2596 70.0
    Hinduism 6 0.2
    Islam 8 0.2
    No Religion 1084 29.2
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 223 15.3
    $400-$599 266 18.2
    $600-$799 181 12.4
    $800-$999 129 8.8
    $1,500-$1,999 138 9.4
    Others 524 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1440 47.3
    Employed, worked full-time 871 28.6
    Employed, worked part-time 511 16.8
    Unemployed, looking for work 131 4.3
    Employed, away from work 94 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 200 13.5
    Technicians & trades workers 249 16.8
    Community & personal service workers 176 11.9
    Clerical & administrative workers 189 12.8
    Labourers 187 12.6
    Others 479 32.4
    Occupation
    Census Count Percent(%)
    Pre-school 52 6.2
    Infants/Primary 436 51.7
    Secondary 250 29.6
    Technical or Further Educational Institution 54 6.4
    University or other Tertiary Institutions 35 4.1
    Others 17 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2989 80.1
    Semi-detached, row or terrace house, townhouse 588 15.8
    Flat, unit or apartment 155 4.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 584 36.9
    Fully owned 529 33.5
    Being purchased 464 29.3
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals