Para Hills is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5096). With a population of 6,793, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $74K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, German.
The median house price in Para Hills is $811,000, having surged 15.9% over the past year. Units have a median price of $423,000 (+14.3% YoY). The current median weekly rent is $486. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,300.
Para Hills is served by 2 schools, including 2 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Salisbury LGA is moderate at 5,726 incidents per 100,000 population.
From an investment perspective, Para Hills offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($811K/$950K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +15.9% year-on-year.
Para Hills is a mid-sized suburb in South Australia within the Salisbury local government area (postcode 5096). With a population of 6,793, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $74K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, German.
The median house price in Para Hills is $811,000, having surged 15.9% over the past year. Units have a median price of $423,000 (+14.3% YoY). The current median weekly rent is $486. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,300.
Para Hills is served by 2 schools, including 2 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Salisbury LGA is moderate at 5,726 incidents per 100,000 population.
From an investment perspective, Para Hills offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($811K/$950K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +15.9% year-on-year.