Munno Para West is a mid-sized suburb in South Australia within the Playford local government area (postcode 5115). With a population of 7,577, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $81K per year, with an average household size of 2.8 people. The most common occupations are community & personal service, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Munno Para West is $703,000, having surged 10.2% over the past year. Units have a median price of $449,000 (+25.6% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,319.
Munno Para West is served by 2 schools, including 1 combined, 1 special. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Playford LGA is below average at 3,379 incidents per 100,000 population.
From an investment perspective, Munno Para West offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($703K/$950K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +10.2% year-on-year.
Munno Para West is a mid-sized suburb in South Australia within the Playford local government area (postcode 5115). With a population of 7,577, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $81K per year, with an average household size of 2.8 people. The most common occupations are community & personal service, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Munno Para West is $703,000, having surged 10.2% over the past year. Units have a median price of $449,000 (+25.6% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,319.
Munno Para West is served by 2 schools, including 1 combined, 1 special. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Playford LGA is below average at 3,379 incidents per 100,000 population.
From an investment perspective, Munno Para West offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($703K/$950K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +10.2% year-on-year.