Renmark, SA 5341
Compare Part of Renmark Paringa
214.08 km
Distance from Adelaide CBD
9 k
Population
Median Sale Price
House
$230K
Updated on Jan 2020
2 BR $160K | 3 BR $210K | 4 BR $320K |
Unit
$192K
Updated on Jan 2020
1 BR - | 2 BR $185K | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $162,500 | 0.0% | $98,000 | $385,000 | 42 |
| 2010 | $200,000 | +18.8% | $94,000 | $327,500 | 38 |
| 2011 | $188,000 | -6.4% | $87,500 | $510,000 | 75 |
| 2012 | $180,000 | -4.4% | $60,000 | $610,000 | 66 |
| 2013 | $185,000 | +2.7% | $65,000 | $695,000 | 107 |
| 2014 | $180,000 | -2.8% | $77,000 | $8,700,000 | 106 |
| 2015 | $207,500 | +13.3% | $60,000 | $540,000 | 92 |
| 2016 | $184,000 | -12.8% | $48,000 | $670,000 | 90 |
| 2017 | $220,000 | +16.4% | $75,000 | $675,000 | 98 |
| 2018 | $262,000 | +16.0% | $92,000 | $710,000 | 86 |
| 2019 | $225,000 | -16.4% | $70,000 | $420,000 | 94 |
| 2020 | - | - | - | - | - |
Median Sale Price
$225K
Based on 94 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
-15.6%
Current Median Price: $225,000
Previous Median Price: $260,000
Based on 171 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$270
Updated on Jan 2020
2 BR $250 | 3 BR $270 | 4 BR $350 |
Unit
$190
Updated on Jan 2020
1 BR $190 | 2 BR $190 | 3 BR $300 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $195 | 0.0% | $195 | $195 | 1 |
| 2012 | - | - | - | - | - |
| 2013 | $220 | +11.4% | $150 | $360 | 72 |
| 2014 | $240 | +8.3% | $140 | $380 | 49 |
| 2015 | $230 | -4.3% | $130 | $360 | 96 |
| 2016 | $220 | -4.5% | $135 | $390 | 66 |
| 2017 | $250 | +12.0% | $150 | $380 | 57 |
| 2018 | $250 | 0.0% | $145 | $380 | 40 |
| 2019 | $275 | +9.1% | $180 | $380 | 45 |
| 2020 | $280 | +1.8% | $195 | $360 | 5 |
Median Rent Price
$280
per week
Based on 45 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
+14.3%
Current Median Rent: $280
Previous Median Rent: $240
Based on 84 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+6.5%
Current Median Price: $225,000
Current Median rent: $280
Based on 139 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Renmark
Houses sold in Last 12 months ends 22 Feb 2020
$295K
Median Sale Price
97%
Clearance Rate
28/29
Sold/Reported
$438K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K | 1 | |
| less than $400 K (Median Price Range) | 8 | |
Similar Suburbs to Renmark 5341
Based on median house sale price sold in last 12 months
Schools closest to Renmark, SA 5341
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's School | 36 TWELFTH STREETRenmark 5341 | Primary | Catholic | 0.43 km |
| Renmark Primary School | MURTHO STREETRenmark 5341 | Primary | Government | 0.76 km |
| Renmark High School | THURK STREETRenmark 5341 | Secondary | Government | 0.87 km |