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6 PANORAMA COURT, PARINGA, SA, 5340

This property is Off Market


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  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 215.25 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Land Contamination risk is

About Renmark Region

With an average age of 45, households expect an average monthly mortgage payment of $1,083 or a weekly rent payment of $183. The average family earns a weekly income of $1,294 with a typical household size of 2.2 and a 94.92% employment rate.

In Paringa there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Paringa due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Paringa leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Paringa necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Paringa the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Population

(Country of Birth not stated 8%)

Are people healthy?

There are a recorded 630 asthma sufferers and 303 people living with diabetes. In addition, 284 people have a heart/vascular condition and 504 people live with three or more chronic diseases.

A good place to invest in property?

Renmark Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

South Australia State average 45 / 100

Income

31 / 100

44 / 100

Industry

07 / 100

34 / 100

Population

24 / 100

37 / 100

House Prices

51 / 100

62 / 100

Jobs

10 / 100

33 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Rivergum Christian College

    Glossop, SA, 5344 Independent R-11

  • Renmark North School

    Renmark North, SA, 5341 State R-7

  • Our Lady of the River School

    Berri, SA, 5343 Independent R-7

  • Monash Primary and Preschool

    Monash, SA, 5342 State R-7

  • Berri Primary School

    Berri, SA, 5343 State U, R-7

  • Renmark West Primary School

    Renmark, SA, 5341 State R-7

  • Renmark High School

    Renmark, SA, 5341 State 8-12

  • Riverland Special School

    Berri, SA, 5343 State U

  • Renmark Primary School

    Renmark, SA, 5341 State R-7

  • St Joseph's School

    Renmark, SA, 5341 Independent R-7


Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

Hey! I’m Kate.

Are you interested Off Market Properties? Residz can match you with Off Market Sellers and keep you up to date on the places most likely to list.

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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