Suburb Profile
Parkside - FREE SUBURB PROFILE REPORT POSTAL CODE: SA,5063
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 5.05% growth over a ten-year period. It ranks 1486th on our list of suburbs that property investors should look into.
PARKSIDE, 5063 in SA belongs to the local government area of Unley.
PARKSIDE, 5063 has a capital gain of 12.26% for the past year, which is higher than average compared to its 33.64% growth within a five-year period.
With the median home price in PARKSIDE sitting at $870,000, and the average rent at $550, property owners could potentially earn a 3.29% 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.
A 12.26% increase in median property prices in PARKSIDE, 5063 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 76th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $870,000 | $535,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.35% | -0.65% |
| Median 12 month | 12.26% | -5.31% |
| Median 3 years | 26.55% | 2.88% |
| Median 5 years | 33.64% | 16.3% |
| 10 years average annual | 5.05% | 4.55% |
| Weekly media advert. rent | $550 | $380 |
| Time on Market | 53.8 days | 68.9 days |
| Gross Rental Yield Percent | 3.29% | 3.69% |
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