SA/
Renmark

Suburb Profile

Renmark - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5341

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Based on its average 5-year and quarterly capital gains RENMARK, 5341 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 RENMARK, 5341 obtained a 4.22% growth over a ten-year period. It ranks 1827th on our list of suburbs that property investors should look into.

RENMARK, 5341 in SA belongs to the local government area of Renmark Paringa.

RENMARK, 5341 has a capital gain of 21.67% for the past year, which is higher than average compared to its 21.67% growth within a five-year period.

With the median home price in RENMARK sitting at $219,000, and the average rent at $260, property owners could potentially earn a 6.17% increase in gross rental yield.

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

A 21.67% increase in median property prices in RENMARK, 5341 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 20th.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $219,000 $184,500
GROWTH REPORT
Median Quarterly 1.86% -1.34%
Median 12 month 21.67% 6.96%
Median 3 years 25.14% 94.21%
Median 5 years 21.67% N/A
10 years average annual 4.22% 1.38%
Weekly media advert. rent $260 $180
Time on Market 115.6 days 0.0 days
Gross Rental Yield Percent 6.17% 5.07%
demographics (median values)
Total Population
4342
Weekly Household Income
623.4
Household Size
2.20
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Renmark, SA
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