Suburb Profile Report for Renmark SA (5341)

Renmark House: Median price $217,500, Annual capital growth 3.79%, Number of sales 107, Weekly median advertised rent $260

Renmark Unit: Median price $182,500, Annual capital growth 13.86%, Number of sales 15, Weekly median advertised rent $180

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Renmark, 5341 have given investors a capital gain of 18.37%. This compares very favourably with the 3.53% for SA as a whole.

A 17.57% growth in median value for property investors in Renmark,5341 puts this suburb at number 183th in terms of best performing suburbs in SA

The most recent median price for Renmark is $217500, with sellers offering an average of -5.77% off the asking price.

Residents and property investors in Renmark have been waiting around 133.78 days to sell a property.

Renters in Suburb are facing rents around $3120 per annum or $260 every week.

Giving property investors a an average capital gain of 5.80% for the last year, Renmark, 5341 is the 701th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Renmark comes in at number 1st in SA.

At number 60th of SA’s most discounted properties, Renmark is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Renmark the average time real estate has been on the market is 88.76 days.

Renmark is 59th on a list of best yielding suburbs for rents in SA with a 5.13% return

Metrics i HOUSE UNIT
$217,500 $182,500
1.16% -1.08%
18.37% 5.80%
3.79% 13.86%
$260 $180
107 15
6.22% 5.13%
133.78 88.76

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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
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