AREA REPORTS

Redwood Park

Suburb Profile

Redwood Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5097

house

A steady increase in median property prices over a five-year period in the suburb translates to a 11.48% capital gain.

Property investors in REDWOOD PARK enjoyed capital gains of 6.95% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also 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 $408,000.

Profits due to an upward trend in home prices there averaged 3.83% per annum over a 3-year period.

Home owners selling their properties and realtors in REDWOOD PARK usually have to wait an average of 48.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $350 mark, reflecting a 4.46% increase in returns based on the current median price in REDWOOD PARK.

REDWOOD PARK, 5097 places 101st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $408,000 N/A
GROWTH REPORT
Median Quarterly 2.97% N/A
Median 12 month 6.95% N/A
Median 3 years 11.48% N/A
Median 5 years 21.79% N/A
10 years average annual 2.54% N/A
Weekly media advert. rent $350 N/A
Time on Market 48.0 days N/A
Gross Rental Yield Percent 4.46% N/A
demographics (median values)
Total Population
5537
Weekly Household Income
1142
Household Size
2.80
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

$850 yearly savings won with small mortgage changes, ACCC finds

A report by the ACCC has found that the pricing of residential mortgages by the major banks is too opaque, making it too time consuming for ...

Sydney Australia

Discounts of 7.3 per cent from vendors in Sydney market

This year’s holiday period is offering buyers prime conditions to find great deals, according to recent analysis. ...

Negative gearing

'Suck it up' on tax changes investors told as 40% of rentals avoid negative gearing

A property expert has asked for investors to put any fears about the potential loss of negative gearing into context, and those that are sti...

Futuristic apartment

The future of apartments: Talking exit signs

A new technology is being implemented in Sydney’s north-west that could tip off just what the future of apartment buildings will look like...

Research data

How property investors can maximise research data

Data and information are among the the most important keys to success in property investment. With a plethora of data and information availa...

Perth skyline at night

Property market update: Perth, November 2018

The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...