Parkside is a mid-sized suburb in South Australia within the Unley local government area (postcode 5063). With a population of 5,126, the suburb has an established demographic with a median age of 39. Households earn a median income of $106K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Parkside is $1.8 million, having surged 14.8% over the past year. The current median weekly rent is $634. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Parkside is served by 2 schools, including 2 primary. The average ICSEA score is 1087, which is above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Unley LGA is moderate at 5,014 incidents per 100,000 population.
From an investment perspective, Parkside offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.8M/$950K), placing it in the premium segment. The price-to-income ratio of 16.8x is considered stretched. House prices have moved +14.8% year-on-year.
Parkside is a mid-sized suburb in South Australia within the Unley local government area (postcode 5063). With a population of 5,126, the suburb has an established demographic with a median age of 39. Households earn a median income of $106K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Parkside is $1.8 million, having surged 14.8% over the past year. The current median weekly rent is $634. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Parkside is served by 2 schools, including 2 primary. The average ICSEA score is 1087, which is above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Unley LGA is moderate at 5,014 incidents per 100,000 population.
From an investment perspective, Parkside offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.8M/$950K), placing it in the premium segment. The price-to-income ratio of 16.8x is considered stretched. House prices have moved +14.8% year-on-year.