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Risdon Park South is a suburb in Port Pirie City And Dists Council, Australia with 2188 residents. The median house price is $206K with a rental yield of 3.6%. Our analysis rates Risdon Park South with a suburb score of 68/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
68
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Risdon Park South has a suburb score of 68/100 for investment timing, placing it in the moderate investment category within Port Pirie City And Dists Council. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find Risdon Park South suitable for their portfolio.
Risdon Park South's capital growth outlook is moderate based on current market indicators. Risdon Park South shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
Risdon Park South is located within Port Pirie City And Dists Council Local Government Area in Australia. Port Pirie City And Dists Council encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Risdon Park South is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Risdon Park South is $206K based on recent sales data. At this price point, Risdon Park South offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Risdon Park South has an average rental yield of 3.6%, which is around the national average for Australian property. This balanced yield suggests Risdon Park South offers a reasonable income return while still providing capital growth potential typical of established suburbs in Australia.
Risdon Park South has a population of approximately 2188 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Risdon Park South is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Risdon Park South's suburb score of 68/100 can be compared against other suburbs in Port Pirie City And Dists Council to identify relative investment value. With a score between 50-80, Risdon Park South sits in the middle tier of Port Pirie City And Dists Council suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in Port Pirie City And Dists Council using our platform to find the best investment opportunities.
