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Renown park

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 5.77% 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 5.27% growth over a ten-year period. It ranks 1464th on our list of suburbs that property investors should look into.

RENOWN PARK, 5008 has a capital gain of 5.77% for the past year, which is higher than average compared to its 27.25% growth within a five-year period.

With the median home price in RENOWN PARK sitting at $481,000, and the average rent at $350, property owners could potentially earn a 3.78% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in RENOWN PARK are low, 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.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $481,000 $350,000
GROWTH REPORT
Median Quarterly -6.6% N/A
Median 12 month 5.77% N/A
Median 3 years 15.21% 27.3%
Median 5 years 27.25% 31.33%
10 years average annual 5.27% N/A
Weekly media advert. rent $350 $300
Time on Market 41.1 days 49.4 days
Gross Rental Yield Percent 3.78% 4.46%
demographics (median values)
Total Population
1579
Weekly Household Income
623.2
Household Size
2.00
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