Renown Park is a small community in South Australia within the Charles Sturt local government area (postcode 5008). With a population of 1,663, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Renown Park is $967,000, having increased 3.7% over the past year. The current median weekly rent is $558. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,554.
Renown Park 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 8 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 10,162 incidents per 100,000 population.
From an investment perspective, Renown Park offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($967K/$950K). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +3.7% year-on-year.
Renown Park is a small community in South Australia within the Charles Sturt local government area (postcode 5008). With a population of 1,663, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Chinese.
The median house price in Renown Park is $967,000, having increased 3.7% over the past year. The current median weekly rent is $558. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,554.
Renown Park 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 8 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 10,162 incidents per 100,000 population.
From an investment perspective, Renown Park offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($967K/$950K). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +3.7% year-on-year.