The housing market in Price, a charming town on the Yorke Peninsula in South Australia, offers a unique blend of affordability and potential for growth. This area, characterized by its small-town feel and close-knit community, presents a range of housing options that cater to both permanent residents and those seeking a holiday home. Property prices in Price are generally more affordable compared to major city centers, making it an attractive option for first-time buyers or retirees looking to escape the hustle and bustle of urban life. Recent years have seen a gradual increase in interest towards the region, as more people search for quieter places with access to natural beauty and a relaxed lifestyle.
Living in Price offers residents a peaceful and laid-back lifestyle, surrounded by the stunning coastal and rural scenery that the Yorke Peninsula is renowned for. The town is perfect for outdoor enthusiasts, with opportunities for fishing, boating, and exploring the nearby Innes National Park. The community is tight-knit and friendly, often organizing local events and gatherings that reinforce the town's welcoming atmosphere. Essential amenities are available nearby, and the larger towns on the peninsula are easily accessible for more comprehensive services. Overall, Price provides a comfortable and serene living environment that appeals to those looking for simplicity and a strong sense of community.
Median Weekly Rent | $225.00 |
Median Monthly Mortgage | $780.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 61.00 |
Average Income | $464.00 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 5 |
Typical 1 bed house | $168,000 |
Typical 2 bed house | $265,000 |
Typical 3 bed house | $382,000 |
Typical 4 bed house | $416,000 |
Typical 5 bed house | $564,000 |
Housing Stock
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Thinking about buying in Price? Now could not be a better time, with just 244 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $299,000 with prices in this suburb ranging from $52,000 to $814,000. Price is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Price 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. Low average incomes in Price is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Price changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Price to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Price 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 ValuationPrice Caravan Park, 1 Fowler Terrace, Price, SA, 5570 | 3 | 1 | 0 | EXPRESSION OF INTEREST BY 30/11/2024 UNLESS SOLD P |
None within suburb boundary
(While the above schools are located with the suburb of Price 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 | 0.7 | 14.5 | 32.0 | 23.9 | 82.7 | 5.4 | 26.1 |
Feb | 1.1 | 14.4 | 31.7 | 25.7 | 85.4 | 4.9 | 24 |
Mar | 0.6 | 12.3 | 28.7 | 27.6 | 87.2 | 4.5 | 19.1 |
Apr | 0.9 | 9.6 | 24.8 | 32.4 | 85.5 | 4.3 | 15.2 |
May | 1.2 | 7.2 | 19.4 | 44.8 | 91.3 | 4.4 | 11.4 |
Jun | 1.8 | 5.7 | 16.0 | 55.3 | 94.0 | 4.7 | 9.6 |
Jul | 1.4 | 5.0 | 15.4 | 59.2 | 95.4 | 4.9 | 9.9 |
Aug | 1.4 | 4.1 | 16.7 | 50.7 | 94.6 | 4.7 | 12.8 |
Sept | 0.7 | 5.2 | 21.4 | 35.8 | 93.7 | 4.9 | 17.6 |
Oct | 0.9 | 7.4 | 24.2 | 30.1 | 91.7 | 4.9 | 21.6 |
Nov | 0.7 | 9.7 | 27.5 | 23.6 | 87.4 | 5 | 25.4 |
Dec | 0.9 | 12.4 | 30.9 | 21.4 | 83.7 | 5.1 | 28.7 |
source: Australian Government Bureau of Meteorology
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