Thinking about buying in Renown Park? Now could not be a better time, with 1052 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $709,000 with prices in this suburb ranging from $210,000 to $1,891,000. Renown Park is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $354.00 |
Median Monthly Mortgage | $1711.50 |
Median Persons Per Bedroom | 0.88 |
Average Household Size | 2.75 |
Average Age | 35.75 |
Average Income | $758.75 |
Average Cars Per Dwelling | 1.84 |
Average Properties Within 50M | 17 |
1 Bed  $545,000 |
2 Bed  $534,000 |
3 Bed  $867,000 |
4 Bed  $1,045,000 |
5 Bed  $1,277,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Renown Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Renown Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Renown Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
6A HARRISON RD, RENOWN PARK, SA, 5008 | 3 | 1 | 2 | 825000 |
Brompton Primary School
Adelaide Secondary School of English
Bowden Brompton Community School
Immaculate Heart of Mary School
St Margaret Mary's School
Australian Islamic College Adelaide
Prospect Primary School
Rosary School
Blackfriars Priory School
Prescott College
(While the above schools are located with the suburb of Renown Park there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
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