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Renmark

POSTAL CODE: SA, 5341
HOUSE

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 7.98% growth over a ten-year period. It ranks 447th 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 31.22% for the past year, which is higher than average compared to its 52.34% growth within a five-year period.

With the median home price in RENMARK sitting at $487,500, and the average rent at N/A, property owners could potentially earn a N/A 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.

Surburb overview

Renmark, located approximately 260 kilometres northeast of Adelaide in South Australia's Riverland region, is a vibrant town along the banks of the Murray River. With a population of around 4,600 residents, Renmark serves as a central hub for the surrounding agricultural areas, known for its thriving fruit and wine industries. The town is governed by the Renmark Paringa Council and is one of the key destinations in the Riverland, attracting both tourists and permanent residents who appreciate its scenic riverside setting and strong community atmosphere.

Public transportation in Renmark includes regional bus services that connect the town to other Riverland centres and Adelaide. However, most residents rely on private vehicles for commuting and daily activities. The town is well-connected by major roads, making travel to nearby towns like Berri and Loxton convenient.

Renmark offers a wide range of essential services and amenities. The town’s main shopping precinct includes supermarkets, retail stores, cafes, and restaurants. Educational facilities include Renmark Primary School and Renmark High School, while the Riverland General Hospital provides healthcare services for the region. Renmark also has a variety of sporting facilities and clubs that cater to different age groups and interests, contributing to the town’s active lifestyle.

Renmark’s recreational activities are centred around the Murray River, which offers opportunities for boating, fishing, kayaking, and water skiing. The town’s riverfront is a focal point, with parks, walking trails, and picnic areas along the water's edge. The Renmark Hotel and the Renmark Club are popular spots for dining and socialising, both offering views of the river. The nearby Paringa district is known for its vineyards and wineries, attracting wine enthusiasts to the area. Additionally, the town hosts the annual Renmark Rose Festival, which celebrates the town’s gardens and community spirit, making Renmark a picturesque and lively place to live or visit.

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