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Parkside
AREA REPORTS

Parkside

Parkside - 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 7.72% growth over a ten-year period. It ranks 1054th 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 29.35% for the past year, which is higher than average compared to its 56.58% growth within a five-year period.

With the median home price in PARKSIDE sitting at $1,190,000, and the average rent at $575, property owners could potentially earn a 2.51% increase in gross rental yield.

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

A 29.35% 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 73rd.

Data report can be found below

Parkside
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,190,000 $516,000
GROWTH REPORT
Median Quarterly 20.81% 3.26%
Median 12 month 29.35% -11.16%
Median 3 years 37.57% 5.74%
Median 5 years 56.58% 21.41%
10 years average annual 7.72% 4.16%
Weekly media advert. rent $575 $400
Time on Market 38.0 days 56.8 days
Gross Rental Yield Percent 2.51% 4.03%
demographics (median values)*
Total Population
12308
Weekly Household Income
1579
Household Size
2.30
Age
40
Monthly Loan Repayment
1937
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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