2. SA
  3. Tea Tree Gully

Redwood Park SA 5097

Houses Units

Here you can find what you need to know about Redwood Park, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$713K Median Sale Price (National Average $485k) 272nd In SA
16.61% Median Sale Price Change (1yr) (National Average 4.30%) 188th In SA
$550pw Median Rent (National Average $395) 217th In SA
4.0% Median Gross Yield (National Average 4.24%) 151st In SA
Properties sold 82
Average discounting -3.44%
Average Days on Market 42
Stock on Market 36 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Redwood Park, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Redwood Park, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Redwood Park, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Redwood Park


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Redwood Park, SA 5097

Part of: Tea Tree Gully Council No data available

The size of Redwood Park is approximately 2.3 square kilometres. It has 13 parks covering nearly 10.5% of total area. The population of Redwood Park in 2011 was 5,367 people. By 2016 the population was 5,412 showing a population growth of 0.8% in the area during that time. The predominant age group in Redwood Park is 50-59 years. Households in Redwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redwood Park work in a professional occupation. In 2011, 86.3% of the homes in Redwood Park were owner-occupied compared with 86.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Redwood Park

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Redwood Park   for Houses in last 12 months


There have been 82 Houses sold in Redwood Park in the past 12 months with a median sale price of $713K, up 16.6% annually. It takes on average 29 days to sell with vendor discounting of -3.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Reedy Creek QLD, 4227 7.69% $1,400,000 $1,100pw 4.1% View Suburb Profile
Gorokan NSW, 2263 4.64% $710,000 $493pw 3.6% View Suburb Profile
Ridgehaven SA, 5097 7.17% $680,500 $570pw 4.4% View Suburb Profile
Coomba Park NSW, 2428 5.88% $540,000 Unavailable Unavailable View Suburb Profile
Wattle Grove NSW, 2173 16.50% $1,200,000 $730pw 3.2% View Suburb Profile
Banksia Park SA, 5091 10.57% $680,000 $550pw 4.2% View Suburb Profile

Currency

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