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Parkside

Suburb Profile

Parkside - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5063

house
unit

Based on its average 5-year and quarterly capital gains PARKSIDE, 5063 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that PARKSIDE, 5063 obtained a 2.4% growth over a ten-year period. It ranks 2732nd on our list of suburbs that property investors should look into.

PARKSIDE, 5063 in SA belongs to the local government area of Unley (C).

PARKSIDE, 5063 has a capital gain of -5.56% for the past year, which is lower than average compared to its 10.87% growth within a five-year period.

With the median home price in PARKSIDE sitting at $765,000, and the average rent at $520, property owners could potentially earn a 3.53% increase in gross rental yield.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $765,000 $348,750
GROWTH REPORT
Median Quarterly -4.08% -0.36%
Median 12 month -5.56% -16.96%
Median 3 years 0.92% -10.58%
Median 5 years 10.87% -9.53%
10 years average annual 2.4% -0.02%
Weekly media advert. rent $520 $360
Time on Market 52.5 days 59.8 days
Gross Rental Yield Percent 3.53% 5.37%
demographics (median values)
Total Population
4617
Weekly Household Income
1126
Household Size
2.20
demographics
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