Royston Park is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5070). With a population of 1,246, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Royston Park is $1.8 million, having declined 7.6% over the past year. The current median weekly rent is $706. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,100.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is below average at 2,568 incidents per 100,000 population.
From an investment perspective, Royston Park offers a gross rental yield of 2.1%, 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 16.1x is considered stretched. House prices have moved -7.6% year-on-year.
Royston Park is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5070). With a population of 1,246, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Royston Park is $1.8 million, having declined 7.6% over the past year. The current median weekly rent is $706. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,100.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is below average at 2,568 incidents per 100,000 population.
From an investment perspective, Royston Park offers a gross rental yield of 2.1%, 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 16.1x is considered stretched. House prices have moved -7.6% year-on-year.