SA/
Parafield gardens

Suburb Profile

Parafield Gardens - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5107

house
unit

Property investors have seen a 2.52% gain in PARAFIELD GARDENS based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PARAFIELD GARDENS, 5107 saw average growth in the long term.

The SA 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 $325,000

Profits averaged 4.88% per annum over a 3-year period, due to an upward trend in home prices in PARAFIELD GARDENS, 5107.

This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.

The gross rental yield in PARAFIELD GARDENS, 5107 is 5.12%.

An average of 19.83 real estate transactions take place per month in PARAFIELD GARDENS which translates to 238 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $325,000 $220,250
GROWTH REPORT
Median Quarterly 2.52% -4.76%
Median 12 month 8.33% -17.66%
Median 3 years 14.64% -23.46%
Median 5 years 18.18% -7.46%
10 years average annual 3.91% 4.1%
Weekly media advert. rent $320 $275
Time on Market 65.4 days 92.0 days
Gross Rental Yield Percent 5.12% 6.49%
demographics (median values)
Total Population
14586
Weekly Household Income
844.8
Household Size
2.80
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