RDA Murraylands and RiverlandEconomic profile
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RDA Murraylands and Riverland

Housing prices

At June 2018, the median house valuation in Renmark Paringa Council area was $185,915 lower compared to South Australia.

This indicator shows the value of houses and units in the RDA Murraylands and Riverland and wider region during the period 2014-2018. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses South Australia: $355,667 South Australia: $368,714 South Australia: $381,181 South Australia: $394,827 South Australia: $401,710 Regional SA: $240,704 Regional SA: $250,531 Regional SA: $246,269 Regional SA: $242,765 Regional SA: $244,137 Renmark Paringa Council area: $212,447 Renmark Paringa Council area: $174,901 Renmark Paringa Council area: $197,097 Renmark Paringa Council area: $206,471 Renmark Paringa Council area: $215,795
Source: Hometrack 2014-2018, Housing Valuation System
Value of units
Value of units South Australia: $290,932 South Australia: $299,508 South Australia: $305,996 South Australia: $313,102 South Australia: $312,783 Regional SA: $206,508 Regional SA: $214,082 Regional SA: $243,663 Regional SA: $221,122 Regional SA: $208,535 Renmark Paringa Council area: $103,261 Renmark Paringa Council area: $113,158 Renmark Paringa Council area: $833,406 Renmark Paringa Council area: $133,444 Renmark Paringa Council area: $147,865
Source: Hometrack 2014-2018, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Renmark Paringa Council areaRegional SASouth AustraliaRenmark Paringa Council areaRegional SASouth Australia
2018$215,795$244,137$401,710$147,865$208,535$312,783
2017$206,471$242,765$394,827$133,444$221,122$313,102
2016$197,097$246,269$381,181$833,406$243,663$305,996
2015$174,901$250,531$368,714$113,158$214,082$299,508
2014$212,447$240,704$355,667$103,261$206,508$290,932

Source: Hometrack 2014-2018, Housing Valuation System.

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