Rendelsham SA Property Investment

CAUTION — 1.5% gross yield on a $612,500 median.

Rendelsham has compounded at 2.7%/yr over 5 years — a house that cost $536,110 in 2021 is worth $612,500 today. Properties are sitting on market for 30 days (roughly balanced conditions). At the same growth rate, today's median reaches $699,775 by 2031.

• Median house: $612,500 | Units: $0
• Gross yield: 1.5% | Net yield: -0.0%
• 5yr price CAGR: 2.7%/yr | 3yr forecast: 2.4%/yr
• Population: 229 | Owner-occupier rate: 75% | Affluence: Below Average

• Supply pipeline: Moderate — Development activity consistent with long-term averages

• Vacancy: 1.8% (stable) | Rental demand: High
• Median weekly rent: $175/wk | Days on market: 30 (stable)
• Landlord market — rents likely to keep rising.

• Median nightly rate: $498/night | Occupancy: 42%
• Estimated annual STR gross: ~$76,353/yr
• vs long-term rent: $9,100/yr (+739% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Standard suburban transport access

If Rendelsham maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $704,375 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Rendelsham pull back 10-15% from $612,500, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Elizabeth Park (SA): $671,000 median, 3.9% yield, 16.7% 1yr growth
• Huntfield Heights (SA): $770,000 median, 4.0% yield, 16.0% 1yr growth
• Salisbury North (SA): $753,000 median, 3.8% yield, 10.3% 1yr growth

Rendelsham carries elevated risk that outweighs potential returns at current levels. A cooling market combined with low vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $551,250 – $673,750
• 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.