Parafield Gardens SA Property Investment
Salisbury · 5107 · Score: 64/100 · Hold
Parafield Gardens Short-Term Rental (Airbnb) Market
Parafield Gardens SA Investment Brief
HOLD — 3.6% gross yield on a $875,500 (single source — OnTheHouse only, no peer to validate) median.
THE MARKET
Parafield Gardens has compounded at 3.1%/yr over 5 years. Median sits in the $875,500 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 20 days (sellers have the leverage).
- Median house: $875,500 (single source — OnTheHouse only, no peer to validate) | Units: $671,701
- Gross yield: 3.6% | Net yield: 2.1%
- 5yr price CAGR: 3.1%/yr | 3yr forecast: 13.5%/yr
- Population: 18,467 | Owner-occupier rate: 68% | Affluence: Low
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 0.8% (improving) | Rental demand: Very High
- Median weekly rent: $605/wk | Days on market: 20 (improving)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $385/night | Occupancy: 42%
- Estimated annual STR gross: ~$59,059/yr
- vs long-term rent: $31,460/yr (+88% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- Adelaide Metro Train Services Franchise (Under Delivery)
- North South Corridor (South Australia) (Under Construction)
- Transport: Standard suburban transport access
BULL CASE
If Parafield Gardens maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,006,825 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Parafield Gardens pull back 10-15% from $875,500, with vacancy rising to 1.4% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- Elizabeth (SA): $817,500 median, 3.1% yield, 0.0% 1yr growth
- Gepps Cross (SA): $912,646 median, 1.9% yield, 2.1% 1yr growth
- Elizabeth Park (SA): $671,000 median, 3.9% yield, 16.7% 1yr growth
THE PLAY
Parafield Gardens offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.1%.
- Entry range: $787,950 – $963,050
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 3.1% + 10yr CAGR 4.3%
- +Above-average population growth (1.7%/yr)
- +Very tight rental market (vacancy 0.8%) — upward price pressure
- +Active market (20 days avg)
- −High supply pipeline (2708 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
398
2020
683
2021
534
2022
381
2023
712
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 5107
Decile 1 of 10 — High disadvantage
Population
18,636
Education (IEO)
2/10
Econ. Resources (IER)
2/10
10-Year Investment Projection
Modelled on Parafield Gardens SA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $605/wk median rent for Parafield Gardens. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.