2. SA
  3. Port Pirie

Risdon Park SA 5540

Houses Units

Here you can find what you need to know about Risdon Park, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$250K Median Sale Price (National Average $485k) 461st In SA
12.61% Median Sale Price Change (1yr) (National Average 4.30%) 150th In SA
$370pw Median Rent (National Average $395) 339th In SA
7.7% Median Gross Yield (National Average 4.24%) 5th In SA
Properties sold 98
Average discounting -6.15%
Average Days on Market 72
Stock on Market 19 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Risdon Park, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Risdon Park, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Risdon Park, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Risdon Park


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State Auction Clearance Rates


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Suburb Information

Risdon Park, SA 5540

Part of: Port Pirie Council No data available

The size of Risdon Park is approximately 15.2 square kilometres. It has 13 parks covering nearly 0.9% of total area. The population of Risdon Park in 2011 was 4,026 people. By 2016 the population was 3,844 showing a population decline of 4.5% in the area during that time. The predominant age group in Risdon Park is 50-59 years. Households in Risdon Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Park work in a trades occupation. In 2011, 61% of the homes in Risdon Park were owner-occupied compared with 61.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Risdon Park

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Risdon Park   for Houses in last 12 months


There have been 98 Houses sold in Risdon Park in the past 12 months with a median sale price of $250K, up 12.6% annually. It takes on average 51 days to sell with vendor discounting of -6.1%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Risdon Park South SA, 5540 13.47% $329,000 $290pw 4.6% View Suburb Profile
Dinoga NSW, 2404 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Yanchep WA, 6035 9.28% $530,000 $550pw 5.4% View Suburb Profile
Risdon Vale TAS, 7016 -6.05% $446,250 $450pw 5.2% View Suburb Profile
Wycheproof VIC, 3527 -0.91% $218,000 Unavailable Unavailable View Suburb Profile
Longwarry VIC, 3816 -0.87% $570,000 $450pw 4.1% View Suburb Profile

Currency

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