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 3.1% and has experienced a 12-month capital growth of Up 1.1%, with a median house buy price of $930,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$925,000
$1,100,000
$930,000
Suburb Market Profile
Last month Renown Park had 7 properties available for rent and 5 properties for sale. Median property prices over the last year range from $930,000 for houses to $563,000 for units. If you are looking for an investment property, consider houses in Renown Park rent out for $633 PW with an annual rental yield of 3.1% and units rent for $540 PW with a rental yield of 4.0%. Renown Park has seen an annual compound growth rate of 1.1% for houses and 25.1% for units.