RENMARK 5341
State: SAPosiProp AI Investment Summary
RENMARK (SA 5341) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.4% and has experienced a 12-month capital growth of Up 12.3%, with a median house buy price of $460,250. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$300,000
$428,250
$650,000
$460,250
Suburb Market Profile
Last month Renmark had 11 properties available for rent and 16 properties for sale. Median property prices over the last year range from $460,250 for houses to $255,000 for units. If you are looking for an investment property, consider houses in Renmark rent out for $433 PW with an annual rental yield of 5.4% and units rent for $308 PW with a rental yield of 4.1%. Renmark has seen an annual compound growth rate of 12.3% for houses and -22.3% for units.