Parrakie, SA 5301
Parrakie, SA 5301 — a quiet year
Parrakie, SA 5301 recorded one house rented in the last 12 months — too little to read a wider market from.
Beyond that, the clearest read on Parrakie is the most recent Census — the resident profile below.
Who lives hereA largely mortgage-free, older-leaning suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Parrakie demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Parrakie?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Parrakie
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Parrakie
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.7× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Parrakie
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Turnover
How settled or transient the community is — and where newcomers came from.
Parrakie median house price & rent
Headline price, rent, yield and time on market for Parrakie — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Parrakie property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Parrakie
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Parrakie against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Parrakie in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Parrakie — Units & Houses, all bedrooms
Parrakie median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Suburbs near Parrakie: prices compared
The nearest suburbs to Parrakie, ranked by distance — each lined up against Parrakie on the same measures, so the differences jump out at a glance.
Frequently asked · Parrakie
9 data-driven answers about Parrakie's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costHow much does it cost to rent in Parrakie?
#The median weekly house rent in Parrakie is $322 as of June 2026. Current vacancy pressure is shown in the supply section above.
How much is rent for a 4 bedroom house in Parrakie?
#A 4 bedroom house in Parrakie rents for a median $322 per week as of June 2026. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
About the area
Population, income, who lives here, schoolsWhat postcode is Parrakie in?
#Parrakie is in postcode 5301, in the Limestone Coast region of SA. Addresses there are written as Parrakie, SA 5301.
What is the population of Parrakie?
#Parrakie, SA 5301 is home to 48 residents (ABS Census 2021). The median resident age is 35, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Parrakie?
#The median household in Parrakie earns $1k per week — roughly $64k a year (ABS Census 2021). Median personal income runs $456/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Parrakie?
#The unemployment rate in Parrakie is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Parrakie?
#Parrakie is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
Is Parrakie a good place to live?
#Parrakie, SA 5301 has a population of 48, a median age of 35, a median household income around $1k/week, 50% of households renting (ABS Census 2021). Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Parrakie market data last updated?
#This Parrakie market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.