Paralowie is a well-established suburb in South Australia within the Salisbury local government area (postcode 5108). With a population of 17,504, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $77K per year, with an average household size of 2.9 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Paralowie is $765,000, having surged 15.2% over the past year. Units have a median price of $386,000 (+2.5% YoY). The current median weekly rent is $448. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,300.
Paralowie is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 67 bus stops. The crime rate in the Salisbury LGA is moderate at 5,404 incidents per 100,000 population.
From an investment perspective, Paralowie offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($765K/$950K). The price-to-income ratio of 9.9x is considered moderate. House prices have moved +15.2% year-on-year.
Paralowie is a well-established suburb in South Australia within the Salisbury local government area (postcode 5108). With a population of 17,504, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $77K per year, with an average household size of 2.9 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Paralowie is $765,000, having surged 15.2% over the past year. Units have a median price of $386,000 (+2.5% YoY). The current median weekly rent is $448. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,300.
Paralowie is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 67 bus stops. The crime rate in the Salisbury LGA is moderate at 5,404 incidents per 100,000 population.
From an investment perspective, Paralowie offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($765K/$950K). The price-to-income ratio of 9.9x is considered moderate. House prices have moved +15.2% year-on-year.