Renown Park
A 39.4% house price rise in a single year, from $850,000 to $1,185,000 between 1Q 2025 and 1Q 2026, is the sharpest signal Renown Park sends to anyone watching Adelaide's inner west. The suburb's 1,663 residents are packed into 0.63 km2, giving a density of 2,635 people per km2. More than half (52.6%) rent, household income sits in the 22.6th percentile nationally, yet university qualifications reach 47.5% of residents, which is 17.4 points above the national average. That pairing, high education and low household income, points to a younger and more transient population rather than established wealth.
Population
1,663
Median Age
37.0
Household IncomeiMedian weekly household income (ABS Census)
$1,164/wk
DAs (12 months)iDevelopment Applications lodged in the past year
9
Median House
$1.2M
Median 1Q 2026
The median house price reached $1,185,000 in 1Q 2026, up 39.4% from $850,000 just four quarters earlier. Separate houses make up 53.2% of the stock, with semi-detached dwellings at a high 40.9%, so detached supply is limited for buyers wanting traditional homes. Three-bedroom dwellings dominate at 48.3% and two-bedroom at 34.1%, while 4-plus bedroom homes are only 10.9%. Monthly mortgage repayments average $1,554, but the mortgage-to-income ratio is 30.8%, at the stress threshold given household income in the 22.6th percentile nationally. Outright owners are just 23.3% compared to 24.1% carrying a mortgage, meaning most resident owner-occupiers are still paying down debt rather than sitting on free equity.
For Buyers
The median house price reached $1,185,000 in 1Q 2026, up 39.4% from $850,000 just four quarters earlier. Separate houses make up 53.2% of the stock, with semi-detached dwellings at a high 40.9%, so detached supply is limited for buyers wanting traditional homes. Three-bedroom dwellings dominate at 48.3% and two-bedroom at 34.1%, while 4-plus bedroom homes are only 10.9%. Monthly mortgage repayments average $1,554, but the mortgage-to-income ratio is 30.8%, at the stress threshold given household income in the 22.6th percentile nationally. Outright owners are just 23.3% compared to 24.1% carrying a mortgage, meaning most resident owner-occupiers are still paying down debt rather than sitting on free equity.
For Investors
Renown Park's 52.6% renter share is well above the state average, creating a broad tenant pool, but the rent of $250 per week against a $1,185,000 median implies a gross yield below 1.1%, low even for inner-Adelaide. The 9.3% vacancy rate is high and warrants caution, suggesting that while tenants are plentiful, competition among landlords has loosened. Only 9 development applications were lodged in the past 12 months, so near-term supply additions are minimal. The 39.4% price surge in one year is remarkable, though a single-year spike without supporting population or income growth is difficult to sustain. Household incomes in the 22.6th percentile nationally cap rent affordability, which is why rents have stayed at $250 per week despite the price jump.
Development Activity
Total DAs
93
Last 12 Months
9
YoY ChangeiYear-over-year change in DA lodgements
-43.8%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Renown Park iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Brompton Primary School
R-6 · 175 students
Demographics
Renown Park's median age is 37, which is 3 years below the national figure, pointing to a younger resident base. Overseas-born residents reach 41.3%, which is 19.7 points above national, the highest-tier migrant concentration. Leading ancestries are English (340), Chinese (154), Vietnamese (146) and Greek (118). The top non-English languages spoken at home are Greek (45 speakers), Punjabi (30), Mandarin (29), Italian (20) and Cantonese (17), a genuinely multilingual profile. University qualifications at 47.5% run 17.4 points above national despite household income sitting in the 22.6th percentile, indicating a well-educated but relatively low-earning population, common in inner-city rentier suburbs with young professionals. Average household size is 2.2, which is 0.3 below national, consistent with smaller couples and single-person households.
Age Distribution
Bedrooms
Dwelling Structure
53.2%
Houses
40.9%
Townhouse
5.9%
Apartment
Tenure
The median house price jumped from $850,000 in 1Q 2025 to $1,185,000 in 1Q 2026, a 39.4% gain in four quarters. At 52.6%, renters make up the majority of residents, compared to just 23.3% owning outright and 24.1% with a mortgage. The stock is 53.2% separate houses and 40.9% semi-detached, with apartments at only 5.9%, so density comes from semi-detached rows rather than flat blocks. Three-bedroom dwellings at 48.3% and two-bedroom at 34.1% dominate; four-plus bedroom homes are 10.9%. Mortgage-to-income at 30.8% triggers a stress flag given that household income is in the 22.6th percentile nationally. The vacancy rate of 9.3% means roughly one in eleven rental properties is unoccupied, which is elevated and suppresses upward pressure on the $250 weekly rent.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,554
Rent / wk
$250
HH Size
2.2
Personal Income / wk
$640
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
9.3%
Unoccupied
75
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
21.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
30.8% stressed
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
28.6%
Couples, no children
1,155
Total families
Economy & Employment
Healthcare leads local employment at 18.2% (101 workers), followed by Professional/Technical services at 13.3% (74) and Education at 11.7% (65). Construction accounts for 7.9% and Hospitality 6.8%. By occupation, Professionals are the largest group at 207 workers, followed by Community and Personal Service at 106 and Labourers at 91. The unemployment rate is 7.7%, higher than the national average, and the participation rate is 57.6%, with 485 residents not in the labour force. Full-time employment reaches 58.9% of those employed. Household income is in the 22.6th percentile nationally, below what the 47.5% university qualification rate would typically predict, a gap consistent with the high proportion working in lower-paid community, education and healthcare support roles.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
58.9%
Part-time
33.4%
Participation
57.6%
Employed
754
Occupations
Top Industries
University
47.5%
Postgraduate
13.7%
Born Overseas
41.3%
Dwellings
729
Transport to Work
Transport in Renown Park is car-dominated: 78.1% commute by car and only 10.0% use public transport, below what the inner-city density would suggest is possible. Active transport (walking and cycling) reaches 3.3%. No schools are recorded inside the suburb boundary, so families depend on institutions in adjacent suburbs. The crime rate is 101.6 incidents per 1,000 residents, which is high compared to lower-density suburban benchmarks, reflecting the concentration of people in a 0.63 km2 footprint. At 7.5%, the share of residents needing daily assistance is notable and somewhat above typical inner-city profiles, likely connected to the multilingual community services concentration in the Healthcare sector at 18.2% of employment. Volunteering reaches 12.3% of residents, indicating moderate community engagement.
Drive
78.1%
Public Transport
10.0%
Walk / Cycle
3.3%
Work from Home
N/A
Safety & Crime
Total Offences
169
Year ending June 2024
Rate per 1,000 People
101.6
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Renown Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Renown Park a good suburb to live in?
Renown Park suits renters, young professionals and multicultural households well. University qualifications reach 47.5%, which is 17.4 points above the national average, and the suburb sits just 3 km from Adelaide CBD. The main trade-offs are a crime rate of 101.6 per 1,000 residents and a vacancy rate of 9.3%, and no schools are recorded inside the suburb boundary.
What is the median house price in Renown Park?
The median house price is $1,185,000 as of 1Q 2026, up 39.4% from $850,000 in 1Q 2025. Weekly rent averages $250 and monthly mortgage repayments run about $1,554, though the mortgage-to-income ratio of 30.8% is at the stress threshold given local household incomes in the 22.6th percentile nationally.
What schools are in Renown Park?
No schools are recorded inside the Renown Park boundary in this dataset. Families rely on schools in neighbouring suburbs. Despite the absence of local schools, the resident population is highly educated, with 47.5% holding university qualifications, which is 17.4 points above the national figure.
Is Renown Park safe?
Renown Park has a recorded crime rate of 101.6 incidents per 1,000 residents, which is elevated compared to lower-density suburbs. The suburb is flagged as high-crime-rate in the data. The dense 0.63 km2 footprint and 52.6% renter majority contribute to higher incident concentration relative to population.
Is Renown Park good for property investment?
The 39.4% price rise from $850,000 to $1,185,000 in one year is compelling, but $250 weekly rent against the current median implies a gross yield below 1.1%. The 9.3% vacancy rate is high. With household incomes in the 22.6th percentile nationally, rent growth is constrained, so the investment case relies on continued capital appreciation rather than rental yield.
How is Renown Park's population changing?
Current population is 1,663 across 0.63 km2. Resident turnover runs at 21.7% annually, which is typical for a suburb where 52.6% rent. The suburb draws younger residents, with a median age of 37, which is 3 years below national. The 41.3% overseas-born share, which is 19.7 points above national, suggests ongoing migration inflows supporting demand.
What languages are spoken in Renown Park?
About 41.3% of residents were born overseas, which is 19.7 points above the national figure. The top non-English languages spoken at home are Greek (45 speakers), Punjabi (30), Mandarin (29), Italian (20) and Cantonese (17). Leading ancestries are English (340), Chinese (154), Vietnamese (146) and Greek (118).
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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