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Reynella, SA 5161

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Reynella, SA 5161 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Reynella, SA 5161”

  1. The total adult population (15 years or older) of Reynella 5161 SA is 3,964, with a median age of 38. Of those, 40.79% are married, 14.63% are divorced or separated, 39.28% are single and 5.20% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,908. The median monthly mortgage repayment for households in this suburb is $1,300 which is 18.82% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in South Australia, the suburb of Reynella 5161 is currently home to around 2300 households. As we head into Q3 of 2023, the typical house prices in Reynella stand at $577,624. Given the median weekly rent of $459, properties generate an indicative yield of approximately 4.13%.

    The IRSAD score of the suburb is 938 out of 1217, which suggests a moderate socio-economic status for the area. The Reynella community is mainly comprised of homeowners, with a renter to owner ratio of 19%. The units to houses ratio is at a low 11%, reinforcing a market favouring standalone properties over apartment-style dwellings.

    From the affordability standpoint, the area presents a challenge as the index stands at 33 years, marking a slightly less affordable territory for aspiring homeowners. On the supply side, the suburb manifests a relatively balanced scenario. stock on market Percentage is at a low but favourable 0.45%, and the inventory level sits at 1.5 months, indicating a short supply and potentially faster turnaround times for sellers.

    The building approvals Ratio is a bit high at 2.25%, suggesting a surge in the supply of new dwellings. As for how quickly properties are turning over, the Average days on market for houses is 69. This meets our definition of neutral demand, which neither leans heavily towards a buyer or seller’s market.

    The Vacancy rate, combining both houses and units, is notably low (0.45%), pointing towards high demand and scarce availability. In terms of online interest, the buy search index for houses is 4, which is also within neutral territory.

    Overall, while some metrics may appear challenging, such as the affordability index and building approvals ratio, the majority of statistics for Reynella are favourable for property investors and buyers. It’s key, however, to consistently monitor these metrics for any pivotal shifts in market conditions. One practical method could be to utilise tools such as the RCS (Relative Composite Score) developed by HtAG Analytics that efficiently analyses property markets using an extensive array of metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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