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 5.2% and has experienced a 12-month capital growth of Up 3.5%, with a median house buy price of $450,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$436,000
$435,000
$632,500
$450,000
Suburb Market Profile
Last month Renmark had 6 properties available for rent and 26 properties for sale. Median property prices over the last year range from $450,000 for houses to $317,500 for units. If you are looking for an investment property, consider houses in Renmark rent out for $445 PW with an annual rental yield of 5.2% and units rent for $305 PW with a rental yield of 3.7%. Renmark has seen an annual compound growth rate of 3.5% for houses and 34.0% for units.