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Para Vista, SA 5093
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$850,000
market range $400K-$975K
Median Unit
$580,000
list-price estimate
Gross Yield (houses)
3.8%
1yr Growth (houses)
+15.3%
market range +10.0% to +22.5%
Investment snapshot for Para Vista
Para Vista has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Para Vista market and investor summary
Para Vista (SA 5093) runs a median house price of $850K, with houses yielding a gross 3.8%. House prices have moved +15.3% over the past year. At 0.3% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.
Living in Para Vista: people, income and schools
Para Vista has a resident population of roughly 3,023, a number that has held fairly steady over five years. The median age is 40, skewed a little older, and families account for 66% of households.
Households here earn a median of about $66,000 a year, or roughly $1,280 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 12.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.
There are 50 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 13 km from the CBD. It is fairly car-dependent; the suburb scores 26 for walkability and 24 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 3,023
- +4% over 5yr
- Median age
- 40 years
- Median household income
- $66,000/yr
- Households renting
- 30%
- Family households
- 66%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 50
- avg ICSEA 1061
- Unemployment
- 4.5%
- Distance to CBD
- 13 km
- Walk score
- 26/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Para Vista
View all →Frequently asked questions about Para Vista
What should I check before investing in Para Vista?
Para Vista has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +15.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Para Vista?
The median property price in Para Vista, SA 5093 is $850K for houses.
What rental yield does Para Vista show?
The gross rental yield in Para Vista is 3.8% for houses and 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Para Vista?
House prices in Para Vista are up 15.3% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Para Vista?
The current vacancy rate in Para Vista is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Para Vista?
Para Vista has a population of approximately 3,023 residents, with a median age of 40.
What schools are near Para Vista?
There are 50 schools within roughly 5km of Para Vista. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Para Vista affordable to buy in?
A median house in Para Vista costs about 12.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Para Vista's population growing?
The population of Para Vista has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Para Vista from the CBD?
Para Vista is about 13 km from the CBD.
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