Para Vista is a smaller suburb in South Australia within the Salisbury local government area (postcode 5093). With a population of 3,023, the suburb has an established demographic with a median age of 40. Households earn a median income of $66K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Para Vista is $890,000, having declined 6.7% over the past year. The current median weekly rent is $610. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,300.
Para Vista is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Salisbury LGA is moderate at 5,293 incidents per 100,000 population.
From an investment perspective, Para Vista offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($890K/$950K). The price-to-income ratio of 13.4x is considered stretched. House prices have moved -6.7% year-on-year.
Para Vista is a smaller suburb in South Australia within the Salisbury local government area (postcode 5093). With a population of 3,023, the suburb has an established demographic with a median age of 40. Households earn a median income of $66K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Para Vista is $890,000, having declined 6.7% over the past year. The current median weekly rent is $610. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,300.
Para Vista is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Salisbury LGA is moderate at 5,293 incidents per 100,000 population.
From an investment perspective, Para Vista offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($890K/$950K). The price-to-income ratio of 13.4x is considered stretched. House prices have moved -6.7% year-on-year.