All About Parrakie, Southern Mallee, SA, 5301
Parrakie, located in the Southern Mallee region of South Australia, is a small yet charming rural township known for its tranquil lifestyle and tight-knit community. The housing market here is characterized by its affordability, especially in comparison to larger cities and towns in the state. Properties in Parrakie typically include modest homes and occasional larger family residences, often set on sizeable plots of land. This abundance of space makes it appealing for those looking to embrace a laid-back, country living environment. The countryside's natural beauty and vast farmlands add a serene backdrop, attracting both retirees and families who appreciate the quiet and simplicity of rural life.
Living in Parrakie offers a unique experience where community spirit thrives amidst the peaceful surroundings. While amenities are relatively limited due to its small size, residents often travel to nearby towns for shopping and other services, which nurtures a sense of camaraderie and neighborly support. The lifestyle in Parrakie is slow-paced, perfect for those seeking respite from the hustle and bustle of urban centers. Outdoor activities like farming, hiking, and exploring nature are common pursuits, providing plenty of opportunities to enjoy clean air and open skies. This simple, meaningful way of living is cherished by the community, making Parrakie a welcoming and pleasant place to call home.
Household Makeup
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Housing Stock
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Parrakie Real Estate Market Outlook
Thinking about buying in Parrakie? Now could not be a better time, with just 134 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $602,000 with prices in this suburb ranging from $234,000 to $1,713,000. The aproximate distance to the coast is 73 Km.
In Parrakie 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Parrakie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Parrakie 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 Parrakie 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.
Instant Property ValuationProperties for sale Parrakie
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56 Old South Road, Parrakie, SA, 5301 |  2 |
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Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Parrakie there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Parrakie weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 13.9 | 32.4 | 21.1 | 77.9 | 5.5 | 28.2 |
| Feb | 0.6 | 14.0 | 31.3 | 24.3 | 82.2 | 5.1 | 24.0 |
| Mar | 0.5 | 11.8 | 27.7 | 28.3 | 86.6 | 4.8 | 19.1 |
| Apr | 0.8 | 9.1 | 23.3 | 36.2 | 89.6 | 4.5 | 14.5 |
| May | 1 | 6.9 | 18.5 | 47 | 93.9 | 4.5 | 10.4 |
| Jun | 1.1 | 4.8 | 15.2 | 56 | 96.1 | 4.2 | 9.0 |
| Jul | 1.1 | 4.7 | 14.7 | 58.9 | 96.6 | 4.7 | 9.1 |
| Aug | 1.1 | 4.1 | 16.4 | 48.3 | 95.2 | 4.9 | 12.4 |
| Sept | 1.1 | 5.6 | 20.7 | 38.0 | 94.8 | 5.1 | 16.9 |
| Oct | 0.8 | 7.3 | 23.0 | 33.7 | 92.9 | 5.1 | 22.6 |
| Nov | 0.6 | 9.6 | 26.8 | 24.4 | 86.6 | 5.4 | 25.7 |
| Dec | 0.9 | 12.5 | 30.1 | 23.0 | 82.7 | 5.7 | 28.6 |
source: Australian Government Bureau of Meteorology
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