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All About Paruna, Loxton Waikerie, SA, 5311

Paruna, a small locality in the Loxton Waikerie region of South Australia, offers a distinctive housing market characterized by its rural charm and affordability. Unlike bustling urban centers, Paruna presents a tranquil environment with opportunities for those looking to escape the hectic pace of city life. The housing market here is marked by larger plots of land and relatively lower property prices, making it an attractive option for individuals and families seeking a more laid-back lifestyle without the burden of hefty mortgages. Given its rural setting, housing options may vary from quaint country cottages to larger farm-style homes, often surrounded by picturesque landscapes and open spaces.

Living in Paruna offers a unique blend of peace and community spirit, with a lifestyle that revolves around outdoor activities and local gatherings. Residents often enjoy the benefits of a close-knit community where neighbors are friendly and supportive. The serene environment provides plenty of opportunities for exploring nature, whether it be through bushwalking, bird watching, or simply enjoying the vast expanses of countryside. While it might lack the conveniences of urban access, such as a wide range of shopping and entertainment options, Paruna compensates with a sense of simplicity and contentment that appeals to those who appreciate the quiet beauty of rural living.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Paruna Real Estate Market Outlook

Thinking about buying in Paruna? Now could not be a better time, with just 102 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $154,000 with prices in this suburb ranging from $36,000 to $310,000. The aproximate distance to the coast is 164 Km.

In Paruna 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 Paruna 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. Low average earnings from people in Paruna 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Paruna 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.

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Properties for sale Paruna

RayWhite 16 Railway Terrace, Paruna, SA, 5311 Beds1 Bathrooms1 Parking 1 Under Offer
Properties for sale in Paruna

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Paruna there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Paruna weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.315.333.318.2764.027.6
Feb0.815.331.823.379.73.823.9
Mar0.412.628.724.984.33.419.5
Apr0.99.224.430.987.92.914.1
May0.66.319.839.893.32.810.6
Jun0.54.616.747.196.02.59.5
Jul0.64.516.544.794.53.19.8
Aug0.74.617.836.693.03.312.4
Sept0.96.721.827.789.23.817.2
Oct0.58.925.622.286.03.822.0
Nov0.611.228.319.683.24.026.3
Dec0.514.131.717.676.54.127.7

source: Australian Government Bureau of Meteorology





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