56 Lock 5 Road

Paringa SA 5340

The size of Paringa is approximately 17.4 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Paringa in 2011 was 915 people. By 2016 the population was 1,090 showing a population growth of 19.1% in the area during that time. The predominant age group in Paringa is 20-29 years. Households in Paringa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paringa work in a labourer occupation. In 2011, 77.9% of the homes in Paringa were owner-occupied compared with 71.6% in 2016.

Paringa has 656 properties. Over the last 5 years, Houses in Paringa have seen a 56.82% increase in median value, while Units have seen a 80.21% increase. As at 31 August 2024:

• The median value for Houses in Paringa is $363,404 while the median value for Units is $268,191.
• Houses have a median rent of $290 while Units have a median rent of $130.