5 Eckermann Close, Paringa SA 5340
This property is Off Market
- The Average property price in this area is $522,634, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 216.20 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Renmark Region
With an average age of 43, households expect an average monthly mortgage payment of $1,100 or a weekly rent payment of $225. The average family earns a weekly income of $1,645 with a typical household size of 2.4 and a 98.3% employment rate.
In Paringa 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 Paringa 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 Paringa 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. Medium density in Paringa necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Paringa 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.
Public Transport
Bramera
Lyrup Ferry (Car)
General Points of Interest
Ruston's Roses
Twentythird Street Distillery
Lawns Bowls Club
The Black Stump
Renmark Paringa Pioneers
Renmark War Memorial
W. B. Chaffey C. M. G.
Alan Coulter Recreation Centre
Renmark Golf Resort
Lefty's Mall
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 630 asthma sufferers and 303 people living with diabetes. In addition, 284 people have a heart/vascular condition and 504 people live with three or more chronic diseases.A good place to invest in property?
Renmark Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
31 / 100
44 / 100
Industry
07 / 100
34 / 100
Population
24 / 100
37 / 100
House Prices
51 / 100
62 / 100
Jobs
10 / 100
33 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
Property Story
5 Eckermann Close, Paringa, Sa, 5340 is a residential property with 4 bedrooms, 2 bathrooms and 5 Parking spaces. The estimated value of this home is $580,000 while properties of this type typically sell for between $440,000 and $600,000 in this suburb. The estimated distance to the sea is 216.2km and 0.45KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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