Powered by MOMENTUM MEDIA
AREA REPORTS

Para Hills West

Suburb Profile

Para Hills West - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5096

house

PARA HILLS WEST, 5096 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $320,000.

Profits due to an upward trend in home prices in the suburb averaged 0% per annum over a 3-year period.

PARA HILLS WEST now ranks at the 338th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $330 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PARA HILLS WEST, homes and units usually stay on listing for an average of 69.7 days.

In 2016, 37 properties were sold in PARA HILLS WEST during the past year, making it the 181st most active market in SA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 N/A
GROWTH REPORT
Median Quarterly -5.88% N/A
Median 12 month -2.57% N/A
Median 3 years 0% N/A
Median 5 years 6.14% N/A
10 years average annual 1.44% N/A
Weekly media advert. rent $330 N/A
Time on Market 69.7 days N/A
Gross Rental Yield Percent 5.36% N/A
demographics (median values)
Total Population
3127
Weekly Household Income
742.1
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

How to refinance a rental property

How to refinance a rental property

There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...

Better borrowing power a boon for pre-Christmas sales

Better borrowing power a boon for pre-Christmas sales

The recent reduction of a number of “floor rates” to under 5 per cent could see vendors receiving strong sales up to Christmas and again...

Listings of short-stay rentals drop over 50%

Listings of short-stay rentals drop over 50%

Listings of short-stay rentals on Airbnb and other similar platforms have more than halved – shedding 17,000 properties – in the major m...

The rent divergence in the big 3 capitals

The rent divergence in the big 3 capitals

While most of the smaller capital cities thrived amid the COVID-19 virus, Sydney, Melbourne and Brisbane found themselves with a mixed bag o...

Perth rental market emerges on top

Perth rental market emerges on top

As bigger capital cities’ rents continue to fall, Perth rent values have soared annually, according to CoreLogic. ...

tenancy databases

The landlord’s guide to tenancy databases

What are tenancy databases and why should you use them as a landlord? ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.