This property is Off Market
With an average age of 45, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $375. The average family earns a weekly income of $1,571 with a typical household size of 3.1 and a 97.04% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Penfield Gardens due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Penfield Gardens provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 6%)
Munno Para West - Angle Vale 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
29 / 100
44 / 100
Industry
33 / 100
34 / 100
Population
07 / 100
37 / 100
House Prices
62 / 100
62 / 100
Jobs
39 / 100
33 / 100
Incidents Trend State Average
Adelaide North Special School
Munno Para West, SA, 5115 State U
Angle Vale Primary School
Angle Vale, SA, 5117 State R-7
St Columba College
Andrews Farm, SA, 5114 Independent R-12
Mark Oliphant College (B-12)
Munno Para West, SA, 5115 State U, R-12
Elizabeth North Primary School
Elizabeth North, SA, 5113 State R-7
John Hartley School (B-7)
Smithfield Plains, SA, 5114 State U, R-7
Munno Para Primary School
Munno Para, SA, 5115 State U, R-7
Swallowcliffe School P-7
Davoren Park, SA, 5113 State U, R-7
Trinity College Gawler River
Angle Vale, SA, 5117 Independent R-10
To see the latest development applications
Join usAlready have an account? Sign in
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
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.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure