Thinking about buying in Old Reynella? Now could not be a better time, with 2313 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $583,000 with prices in this suburb ranging from $316,000 to $1,482,000. Old Reynella is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $370.00 |
Median Monthly Mortgage | $1500.00 |
Median Persons Per Bedroom | 0.70 |
Average Household Size | 3.00 |
Average Age | 42.00 |
Average Income | $745.00 |
Average Cars Per Dwelling | 1.90 |
Average Properties Within 50M | 23 |
1 Bed  $426,000 |
2 Bed  $425,000 |
3 Bed  $585,000 |
4 Bed  $694,000 |
5 Bed  $849,000 |
6 Bed+$992,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Old Reynella due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Old Reynella provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Old Reynella to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
8 PINE VIEW CL, OLD REYNELLA, SA, 5161 | 3 | 2 | 1 | $649,000 - $689,000 |
Reynella Primary School
Prescott College Southern
Sunrise Christian School Morphett Vale
Reynella South Primary School
Braeview School R-7
Woodcroft Primary School
Reynella East College
Southern Vales Christian College
Pimpala Primary School
Emmaus Catholic School
(While the above schools are located with the suburb of Old Reynella 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 | 0.6 | 17.0 | 28.5 | 29.8 | 71.3 | 4.8 | 27.9 |
Feb | 0.9 | 17.2 | 27.9 | 33.1 | 72.8 | 4.4 | 22.7 |
Mar | 0.8 | 15.7 | 25.3 | 37 | 76.3 | 4.1 | 18.5 |
Apr | 1.4 | 13.8 | 22.4 | 41.4 | 79.2 | 3.6 | 14.3 |
May | 1.7 | 11.5 | 18.4 | 49.9 | 82.2 | 3.6 | 10.0 |
Jun | 1.8 | 9.2 | 15.8 | 56.3 | 85.2 | 3.5 | 8.9 |
Jul | 2.5 | 9.2 | 15.3 | 54.3 | 84.9 | 4.4 | 9.3 |
Aug | 2.0 | 8.8 | 15.7 | 51.7 | 84.4 | 4.4 | 11.7 |
Sept | 1.2 | 10.4 | 19.1 | 42.0 | 82.2 | 4.2 | 16.8 |
Oct | 0.8 | 11.6 | 21.9 | 36.4 | 77.7 | 4.3 | 22.1 |
Nov | 0.5 | 13.6 | 24.6 | 32.8 | 76.8 | 4.1 | 26.1 |
Dec | 0.8 | 16.1 | 27.7 | 28.0 | 71.2 | 4.3 | 28.5 |
source: Australian Government Bureau of Meteorology
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