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Suburb Insights ยท SA 5008

Renown Park 5008, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Renown Park is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 1,663, making it a boutique locality. Located 5 km from the Adelaide CBD, Renown Park is a middle ring area in South Australia. The median household income is $60,528 AUD per year (ABS 2021 Census).

Investment Score

54 / 100 Moderate

Renown Park's income profile suggests a value-oriented market with competitive purchase prices. Its proximity to the CBD adds a strong location premium.

Location

Map shows Renown Park, South Australia, Australia.

Key Indicators

Postcode
5008

Official Australia Post postcode for Renown Park. A postcode may cover multiple suburbs.

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Population
1,663

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

ABS Census Data โ†’
Median Rent (weekly)
$250/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
$60,528/yr

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

ABS Census Data โ†’
Distance to CBD
5 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)
$1,554/mo

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

ABS Census Data โ†’
Dwelling Type
48% 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

Renown Park's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $250/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,554/month.

Investment Strategy

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Buy & Hold

Holding property in Renown Park over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Achieving strong cash flow in Renown Park is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Renown Park may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Renown Park property

Full Property Analysis

30-year projections for Renown Park

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: Moderate Investor Sentiment: Moderate

Renown Park faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Renown Park should see steady occupancy, with moderate upward pressure on rents. The market mood around Renown Park is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Renown Park a good suburb for investment?

Renown Park is a middle ring area in South Australia with a population of 1,663. The median rent is $250/week and the median household income is $60,528/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 Renown Park?

Key demand drivers in Renown Park include established amenities and transport access. 48% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Renown Park?

According to the ABS 2021 Census, Renown Park has a population of approximately 1,663. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Renown Park from the Adelaide CBD?

Renown Park is approximately 5 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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