RENOWN PARK 5008
State: SAPosiProp AI Investment Summary
RENOWN PARK (SA 5008) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 3.8%, with a median house buy price of $950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$745,000
$929,000
$1,167,000
$950,000
Suburb Market Profile
Last month Renown Park had 3 properties available for rent and 5 properties for sale. Median property prices over the last year range from $950,000 for houses to $626,800 for units. If you are looking for an investment property, consider houses in Renown Park rent out for $645 PW with an annual rental yield of 3.5% and units rent for $545 PW with a rental yield of 4.2%. Renown Park has seen an annual compound growth rate of 3.8% for houses and 14.2% for units.
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