Old Reynella is a smaller suburb in South Australia within the Onkaparinga local government area (postcode 5161). With a population of 3,458, the suburb has an established demographic with a median age of 42. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Old Reynella is $810,000, having grown strongly 5.9% over the past year. The current median weekly rent is $549. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,441.
Old Reynella is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Onkaparinga LGA is moderate at 5,842 incidents per 100,000 population.
From an investment perspective, Old Reynella offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($810K/$950K). The price-to-income ratio of 11.2x is considered stretched. House prices have moved +5.9% year-on-year.
Old Reynella is a smaller suburb in South Australia within the Onkaparinga local government area (postcode 5161). With a population of 3,458, the suburb has an established demographic with a median age of 42. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Old Reynella is $810,000, having grown strongly 5.9% over the past year. The current median weekly rent is $549. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,441.
Old Reynella is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Onkaparinga LGA is moderate at 5,842 incidents per 100,000 population.
From an investment perspective, Old Reynella offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($810K/$950K). The price-to-income ratio of 11.2x is considered stretched. House prices have moved +5.9% year-on-year.