Thinking about buying in Parsons Beach? Now could not be a better time, with just 170 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $425,000 with prices in this suburb ranging from $304,000 to $885,000. Parsons Beach 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
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In Parsons Beach 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 Parsons Beach 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 Parsons Beach 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 Parsons Beach 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 Parsons Beach 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.
3 leonard ct, parsons beach, sa, 5575 | 3 | 2 | 2 | $259,000 - $279,000 |
None within suburb boundary
(While the above schools are located with the suburb of Parsons Beach 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 | 0.4 | 15.6 | 30.0 | 28.6 | 84.9 | 6.8 | 26.8 |
Feb | 0.9 | 15.5 | 28.8 | 33.1 | 87.0 | 6.5 | 23.6 |
Mar | 0.5 | 14.2 | 26.3 | 37.4 | 89.3 | 6.3 | 18.7 |
Apr | 1 | 11.8 | 23.0 | 41.4 | 90.4 | 5.7 | 14.5 |
May | 1.3 | 10.1 | 19.2 | 51.8 | 91.2 | 5.9 | 10.6 |
Jun | 1.5 | 7.8 | 16.1 | 60.1 | 94.1 | 5.8 | 9.5 |
Jul | 1.6 | 7.4 | 15.4 | 62.6 | 94.3 | 6.2 | 9.6 |
Aug | 1.3 | 6.3 | 16.1 | 57.6 | 94.2 | 5.8 | 12.4 |
Sept | 1.1 | 7.6 | 19.2 | 46.4 | 93.6 | 6.0 | 16.5 |
Oct | 0.7 | 9.4 | 23.0 | 36.3 | 91.5 | 6.1 | 21.9 |
Nov | 0.6 | 11.6 | 25.9 | 30.4 | 88.7 | 6.2 | 24.3 |
Dec | 0.5 | 13.7 | 28.3 | 29.0 | 86.2 | 6.6 | 27.8 |
source: Australian Government Bureau of Meteorology
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