Munno Para is a smaller suburb in South Australia within the Playford local government area (postcode 5115). With a population of 4,719, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $64K per year, with an average household size of 2.5 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Munno Para is $695,000, having surged 12.9% over the past year. The current median weekly rent is $472. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,296.
Munno Para is served by 1 school, including 1 primary. The average ICSEA score is 929, which is below the national average of 1,000. Public transport access includes 2 rail stations, 42 bus stops. The crime rate in the Playford LGA is higher than average at 17,694 incidents per 100,000 population.
From an investment perspective, Munno Para offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($695K/$950K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +12.9% year-on-year.
Munno Para is a smaller suburb in South Australia within the Playford local government area (postcode 5115). With a population of 4,719, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $64K per year, with an average household size of 2.5 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Munno Para is $695,000, having surged 12.9% over the past year. The current median weekly rent is $472. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,296.
Munno Para is served by 1 school, including 1 primary. The average ICSEA score is 929, which is below the national average of 1,000. Public transport access includes 2 rail stations, 42 bus stops. The crime rate in the Playford LGA is higher than average at 17,694 incidents per 100,000 population.
From an investment perspective, Munno Para offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($695K/$950K). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +12.9% year-on-year.