PARINGA 5340
State: SAPosiProp AI Investment Summary
PARINGA (SA 5340) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.7% and has experienced a 12-month capital growth of Up 11.1%, with a median house buy price of $536,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$370,000
$480,000
$867,500
$536,000
Suburb Market Profile
Last month Paringa had 1 property available for rent and 3 properties for sale. Median property prices over the last year range from $536,000 for houses to $285,000 for units. If you are looking for an investment property, consider houses in Paringa rent out for $443 PW with an annual rental yield of 4.7% and units rent for $325 PW with a rental yield of 3.7%. Paringa has seen an annual compound growth rate of 11.1% for houses.
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