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Suburb Insights · SA 5311

Paruna, SA 5311 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Paruna is a regional centre in South Australia, Australia, with a population of approximately 36, making it a boutique locality. Located approximately 196 km from the Adelaide CBD, Paruna is a regional area in South Australia. The median household income is $44,200 per year.

Investment Score

24 / 100 Weak

Paruna's income profile suggests a value-oriented market with competitive purchase prices. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Adelaide
Paruna
South Australia · 5311
196 km from Adelaide CBD
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Key Indicators

Postcode
5311

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

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Population
36

Usual resident population at the most recent census.

Median weekly rent
$70/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$44,200/yr

Annual median household income (before tax) across all households.

Distance to CBD
196 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$455/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
91% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Paruna is a smaller community of 36 — about 1% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Paruna's median household income of $44,200/year is 45% below the South Australia suburb median ($80,964) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median rent of $70/week (~$303/month) covers only 67% of the median mortgage of $455/month — the remaining $152/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Paruna is 196 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 91% of dwellings — 18 percentage points above the South Australia median of 73% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Paruna vs South Australia Median

How Paruna stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Paruna sits above the state median; negative means below.

MetricParunaSA medianΔ vs state
Population363,699-99%
Median household income$44,200/yr$80,964/yr-45%
Median rent (weekly)$70$320-78%
Median mortgage (monthly)$455$1,616-72%
Distance to CBD196 km13 km+1408%
Separate houses91%73%+18pp

Investor Checklist

Pre-inspection briefing for Paruna — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 36 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $70/week covers 67% of a $455/month mortgage, leaving a $152/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 91% houses in a 36-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Paruna property

Full Property Analysis

30-year projections for Paruna

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Paruna are modest for 2026 — incomes 45% below the SA median of $80,964 and a population of 36 suggest gains will lag headline metro markets. Rental coverage runs at ~67% of the typical mortgage ($303/month rent vs $455/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 24/100 places Paruna in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Paruna a good suburb for investment?

Paruna scores 24/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 36, median household income of $44,200/year and median weekly rent of $70. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Paruna?

The main demand drivers in Paruna are a median household income of $44,200/year, a dwelling mix that is 91% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Paruna?

Paruna has a usual resident population of approximately 36, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Paruna from the Adelaide CBD?

Paruna sits 196 km straight-line from the Adelaide CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Paruna?

The most recent census recorded a median weekly rent of $70 in Paruna, equating to approximately $3,640/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Paruna?

The median monthly mortgage repayment in Paruna is $455, or approximately $5,460/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Paruna cash-flow positive for investors?

A median weekly rent of $70 works out to $303/month, covering 67% of the median mortgage repayment of $455/month. That leaves a $152/month shortfall (around $1,824/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Paruna?

The main risks are a thin buyer pool (36 residents), interest-rate sensitivity on the $455 median mortgage, below-median household incomes ($44,200 vs $80,964 state median), the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Paruna profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources