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Renown Park

Suburb Profile

Renown Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5008

house

Property investors enjoyed capital gains of 10.33% over the last 12 months in RENOWN PARK, translating to lower returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 2.4% growth over a ten-year period. It ranks 2680th on our list of suburbs that property investors should look into.

RENOWN PARK, 5008 has a capital gain of 10.33% for the past year, which is higher than average compared to its 11.56% growth within a five-year period.

With the median home price in RENOWN PARK sitting at $502,000, and the average rent at $372.5, property owners could potentially earn a 3.86% increase in gross rental yield.

A 10.33% increase in median property prices in RENOWN PARK, 5008 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 73rd.

Figures from the previous quarter show that capital gains for real estate buyers in RENOWN PARK are high, as opposed to average gains per annum over the past five years.

RENOWN PARK, 5008 in SA belongs to the local government area of Charles Sturt (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $502,000 N/A
GROWTH REPORT
Median Quarterly 5.13% N/A
Median 12 month 10.33% N/A
Median 3 years 4.75% N/A
Median 5 years 11.56% N/A
10 years average annual 2.4% N/A
Weekly media advert. rent $372.5 N/A
Time on Market 35.1 days N/A
Gross Rental Yield Percent 3.86% N/A
demographics (median values)
Total Population
1579
Weekly Household Income
623.2
Household Size
2.00
demographics
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