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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 4.13% growth over a ten-year period. It ranks 2450th 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 8.19% for the past year, which is higher than average compared to its 25.42% growth within a five-year period.

With the median home price in PARKSIDE sitting at $925,000, and the average rent at $550, property owners could potentially earn a 3.09% 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

Parkside
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $925,000 $554,100
GROWTH REPORT
Median Quarterly 0.6% -5.4%
Median 12 month 8.19% 4.55%
Median 3 years 15.57% 28.86%
Median 5 years 25.42% 20.46%
10 years average annual 4.13% 3.55%
Weekly media advert. rent $550 $390
Time on Market 47.4 days 59.0 days
Gross Rental Yield Percent 3.09% 3.66%
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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