Risdon Park South, a suburb in the city of Port Pirie, South Australia, presents an intriguing snapshot of the regional housing market in the area. Characterized by a blend of post-war and more contemporary homes, the real estate landscape here provides potential buyers and investors with a range of options. The housing market has remained relatively stable, showing modest appreciation over the years. This stability is largely due to the suburb's appeal to both first-time homebuyers and retirees looking for affordability without sacrificing quality of life. Property prices in Risdon Park South are generally more affordable compared to metropolitan areas, making it an attractive proposition for those seeking to enter the market or downsize comfortably. Additionally, the rental market in Risdon Park South is quite active, with demand driven by local workers and families, adding to its investment appeal.
Living in Risdon Park South offers residents a quiet, suburban lifestyle with the convenience of proximity to Port Pirie. The community-oriented atmosphere is a significant draw, where neighbors often know each other, and community events provide opportunities for connections. The suburb benefits from a range of local amenities, including parks, schools, and shopping facilities, which enhance its family-friendly reputation. With the Southern Flinders Ranges serving as a scenic backdrop, residents enjoy a blend of urban and rural living, offering both tranquility and convenience. Furthermore, the area's transport links make commuting to and from the nearby city center straightforward, allowing for job opportunities and access to larger city amenities. Overall, Risdon Park South provides a balanced, nurturing environment for families, retirees, and professionals seeking a peaceful yet connected suburban experience.
Median Weekly Rent | $255.00 |
Median Monthly Mortgage | $1253.33 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.33 |
Average Age | 43.00 |
Average Income | $745.33 |
Average Cars Per Dwelling | 2.13 |
Average Properties Within 50M | 7 |
Typical 1 bed house | $172,000 |
Typical 2 bed house | $289,000 |
Typical 3 bed house | $262,000 |
Typical 4 bed house | $548,000 |
Typical 5 bed house | $526,000 |
Typical 6 bed+ house | $276,000 |
Housing Stock
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Thinking about buying in Risdon Park South? Now could not be a better time, with 1263 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $306,000 with prices in this suburb ranging from $88,000 to $1,229,000. Risdon Park South is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Risdon Park South 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 Risdon Park South 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 Risdon Park South 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 Risdon Park South 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 Valuation100 Port Davis Road, Risdon Park South, SA, 5540 | $265,000 Price Release! |
Mid North Christian College
St Mark's College
Airdale Primary School
Risdon Park Primary School
(While the above schools are located with the suburb of Risdon Park South 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 | 18.5 | 31.0 | 32.4 | 79.5 | 6.2 | 27.5 |
Feb | 1 | 18.0 | 29.4 | 38.1 | 81.6 | 5.7 | 24.4 |
Mar | 0.6 | 16.1 | 27.4 | 40.1 | 84.1 | 5.0 | 20.0 |
Apr | 0.8 | 12.2 | 24.1 | 39.5 | 86.0 | 4.3 | 15.0 |
May | 0.7 | 9.1 | 20.5 | 44.9 | 89.6 | 3.9 | 11.7 |
Jun | 1 | 6.5 | 17.1 | 53.3 | 94.3 | 4.0 | 10.2 |
Jul | 0.6 | 5.5 | 17.8 | 46.6 | 93.1 | 4.4 | 10.7 |
Aug | 0.5 | 5.8 | 18.3 | 42.0 | 90.9 | 4.6 | 13.4 |
Sept | 0.4 | 8.5 | 22.9 | 32.5 | 86.5 | 5.1 | 18.7 |
Oct | 0.6 | 11.5 | 24.8 | 33.2 | 83.2 | 5.4 | 23.7 |
Nov | 0.5 | 13.8 | 27.0 | 32.8 | 82.9 | 5.8 | 27.1 |
Dec | 1.0 | 16.1 | 28.3 | 33.8 | 81.0 | 5.8 | 29.8 |
source: Australian Government Bureau of Meteorology
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