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Suburb Insights ยท SA 5303

Parilla 5303, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Parilla is a regional centre in South Australia, Australia, with a population of approximately 159, making it a boutique locality. Located approximately 195 km from the Adelaide CBD, Parilla is a regional area in South Australia. The median household income is $87,724 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Moderate income levels in Parilla indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Parilla, South Australia, Australia.

Key Indicators

Postcode
5303

Official Australia Post postcode for Parilla. A postcode may cover multiple suburbs.

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Population
159

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$200/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$87,724/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
195 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$661/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
66% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Parilla serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $661/month. The median household income of $87,724/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Parilla could work well with careful property selection and a longer time horizon.

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Rental Yield

Parilla's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Renovation or flip strategies in Parilla face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Parilla property

Full Property Analysis

30-year projections for Parilla

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Parilla is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Parilla may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Parilla a good suburb for investment?

Parilla is a regional area in South Australia with a population of 159. The median rent is $200/week and the median household income is $87,724/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Parilla?

Key demand drivers in Parilla include regional employment hubs, lifestyle, and affordability. 66% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Parilla?

According to the ABS 2021 Census, Parilla has a population of approximately 159. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Parilla from the Adelaide CBD?

Parilla is approximately 195 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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