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Munno Para West
AREA REPORTS

Munno Para West

Munno Para West - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5115

house

Property investors enjoyed capital gains of 17.54% over the last 12 months in MUNNO PARA WEST, translating to lower returns compared with its peers in SA.

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

The suburb posted a 22.71% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.

On average, rents on listings have reached the $365 mark, reflecting a 5.67% increase in returns based on the current median price in MUNNO PARA WEST.

MUNNO PARA WEST, 5115 ranks 258th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 40th on the list of best yielding suburbs for rental properties in SA, posting a 5.67% return.

Data report can be found below

Munno Para West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $335,000 N/A
GROWTH REPORT
Median Quarterly 6.35% N/A
Median 12 month 17.54% N/A
Median 3 years 22.71% N/A
Median 5 years 21.82% N/A
10 years average annual 1.2% N/A
Weekly media advert. rent $365 N/A
Time on Market 46.1 days N/A
Gross Rental Yield Percent 5.67% N/A
demographics (median values)*
Total Population
10390
Weekly Household Income
1208
Household Size
2.70
Age
28
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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