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54 Eleventh Street,
Renmark SA 5341

This property is Off Market

All about Renmark Homes for sale in Renmark


  • The Average property price in this area is $371,086, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 213.11 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk
  • Powerlines within 200m 0
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About Renmark

With an average age of 65, households expect an average monthly mortgage payment of $997 or a weekly rent payment of $185. The average family earns a weekly income of $1,228 with a typical household size of 1.8 and a 90.42% employment rate.

In Renmark there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Renmark is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Renmark leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Renmark the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 622 asthma sufferers and 433 people living with diabetes. In addition, 316 people have a heart/vascular condition and 653 people live with three or more chronic diseases.

A good place to invest in property?

Renmark a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

South Australia State average 45 / 100

Income

21 / 100

44 / 100

Industry

08 / 100

34 / 100

Population

14 / 100

37 / 100

House Prices

34 / 100

62 / 100

Jobs

04 / 100

33 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Monash Primary and Preschool

    Monash, SA, 5342 State R-7


Property Story

54 Eleventh Street, Renmark, Sa, 5341 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $250,000 while properties of this type typically sell for between $230,000 and $235,000 in this suburb. The estimated distance to the sea is 213.11km and 0.53KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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