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Renmark suburb profile

Renmark is a picturesque town located in South Australia's Riverland region, renowned for its stunning riverfront views and rich agricultural heritage. Situated on the banks of the Murray River, Renmark offers a serene lifestyle with ample opportunities for water-based activities such as boating, fishing, and kayaking. The town is celebrated for its vibrant community events, local wineries, and fresh produce markets, reflecting its strong connection to the land. With a mix of historic charm and modern amenities, Renmark attracts families, retirees, and tourists seeking a peaceful yet engaging environment. Its scenic beauty and welcoming atmosphere make it a delightful destination for residents and visitors alike.

Renmark property market performance

Renmark’s property market has shown a notable increase in house values over the past 12 months, with a 10.9% rise bringing the median house price to $380,000. However, the unit market has remained inactive, with no sales recorded and no change in median unit value.

In terms of sales activity, 23 houses were sold over the last 12 months, but properties are taking longer to sell, with a median of 91 days on the market. The unit market has seen no activity, reflecting a lack of demand or supply in this segment.

The rental market in Renmark has experienced growth, with house rents increasing by 10% over the last 12 months, reaching an average of $440. Unit rents have seen a modest rise of 3.4%, averaging $300, indicating a stronger demand for house rentals.

HousesUnits
Median price
Past 3 months
$380KN/A
Change in value
Past 12 months
10.2%N/A
Sold
Past 3 months
172
Median days on market
Past 12 months
91N/A
Average rent
Past 12 months
$440N/A
Change in rent
Past 12 months
10.0%N/A

5 year median price trend for houses and units

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Renmark demographics

Renmark, located in South Australia's picturesque Riverland region, is a charming town known for its rich agricultural heritage and scenic beauty along the Murray River. With a population of 4,705, Renmark offers a tranquil lifestyle that appeals to families, retirees, and those seeking a slower pace of life. The median age of 44 reflects a mature community, with many residents enjoying the town's relaxed atmosphere and natural surroundings.

The housing landscape in Renmark is diverse, with a significant portion of properties owned outright (35.4%), indicating a stable community with long-term residents. Additionally, 25.8% of homes are owned with a mortgage, while 38.9% are rented, providing options for both homeowners and renters. This mix of property ownership highlights the suburb's appeal to a range of demographics, from young families to retirees.

Family dynamics in Renmark are varied, with couple families without children making up 46.8% of the population, followed by couple families with children at 30.1%. One-parent families account for 21.3%, reflecting a supportive community environment. The town's economy is largely driven by agriculture, with many residents involved in the production of citrus fruits, grapes, and almonds, contributing to the region's reputation as a key agricultural hub.

Suburbs near Renmark

Some popular suburbs near Renmark include:

How does Renmark compare to nearby suburbs?

  • Median house prices: Renmark’s median house price is 22.8% lower than Loxton’s.
  • House price growth: Over the past 12 months, house prices in Renmark have grown 2.4% higher than in Paringa.
  • Selling speed for houses: Properties in nearby Paringa are selling 24.2% faster than in Renmark.

Choose the right real estate agents in Renmark

There are 16 real estate agents in Renmark, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 84.1% of all sales in the past year.

Commission rates in Renmark typically range from 2.88% to 2.94%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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