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Risdon Park
AREA REPORTS

Risdon Park

Risdon Park - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5540

house

Property investments in RISDON PARK fare well against the rest of the country last year, registering a median home price increase of 27.84%.

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

Based on its average 5-year and quarterly capital gains RISDON PARK, 5540 saw average growth in the long term.

Real estate investors could earn a rental income of $227.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 96.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $186,000.

RISDON PARK ranks 21st on the list of best yielding suburbs for rental properties in SA, posting a 6.36% return.

Data report can be found below

Risdon Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $186,000 N/A
GROWTH REPORT
Median Quarterly -1.06% N/A
Median 12 month 27.84% N/A
Median 3 years 8.14% N/A
Median 5 years 16.25% N/A
10 years average annual 0.12% N/A
Weekly media advert. rent $227.5 N/A
Time on Market 96.8 days N/A
Gross Rental Yield Percent 6.36% N/A
demographics (median values)*
Total Population
15343
Weekly Household Income
893
Household Size
2.30
Age
43
Monthly Loan Repayment
1018
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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