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.
| Median housing value | ||||||
|---|---|---|---|---|---|---|
| Houses | Units | |||||
| Year (at June) | Renmark Paringa Council area | Regional SA | South Australia | Renmark Paringa Council area | Regional SA | South 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 (opens a new window) 2014-2018, Housing Valuation System.