Is PARINGA a good suburb for positive geared property investment in Australia?

PARINGA in SA currently features property rental yields up to 5.1% with a 12-month capital growth value of Up 16.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PARINGA 5340?

The median house price in PARINGA 5340 is approximately $490,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PARINGA 5340

State: SA

Updated: 8 April 2026

PosiProp AI Investment Summary

PARINGA (SA 5340) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.1% and has experienced a 12-month capital growth of Up 16.7%, with a median house buy price of $490,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$280,000

Down -0.4% 5.6% Yield

3 house • buy

$467,500

Up 19.9% 5.5% Yield

4 house • buy

$540,000

Up 9.6% 4.5% Yield

all house • buy

$490,000

Up 16.7% 5.1% Yield

Suburb Market Profile

Last month Paringa had 0 properties available for rent and 9 properties for sale. Median property prices over the last year range from $490,000 for houses to $285,000 for units. If you are looking for an investment property, consider houses in Paringa rent out for $450 PW with an annual rental yield of 5.1% and units rent for $325 PW with a rental yield of 4.0%. Paringa has seen an annual compound growth rate of 16.7% for houses.

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