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Athol Park

POSTAL CODE: SA, 5012
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Property investors enjoyed capital gains of 15.36% over the last 12 months in ATHOL PARK, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in ATHOL PARK are low, as opposed to average gains per annum over the past five years.

The suburb posted a 43.28% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $517.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $517.5 mark, reflecting a 3.16% increase in returns based on the current median price in ATHOL PARK.

ATHOL PARK, 5012 ranks 140th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 250th on the list of best yielding suburbs for rental properties in SA, posting a 3.16% return.

Surburb overview

Athol Park, located approximately 10 kilometres northwest of Adelaide's central business district, is a small, diverse suburb in South Australia. It is part of the City of Charles Sturt, a local government area known for its blend of residential, commercial, and industrial zones. The suburb has a population of around 1,800 residents, with a demographic mix that includes families, young professionals, and a significant number of new migrants, contributing to its multicultural character.

Public transportation in Athol Park is well-supported by Adelaide Metro buses, providing convenient connections to the Adelaide CBD and nearby suburbs. The suburb is also close to the St Clair railway station, offering additional options for commuters. Major roads such as Grand Junction Road and Hanson Road border the suburb, providing easy access to other parts of Adelaide, making it a practical location for those who rely on both public transport and car travel.

Athol Park features a variety of amenities that cater to the needs of its residents. While the suburb itself is primarily residential, it is close to several shopping centres, including Arndale Shopping Centre in Kilkenny and Woodville Gardens, which offer a wide range of retail, dining, and entertainment options. These nearby centres ensure that residents have access to essential services and shopping without needing to travel far.

The suburb is home to several green spaces and parks, which provide opportunities for outdoor activities and community gatherings. The Athol Park Reserve is a popular spot for local residents, offering playgrounds and open spaces for recreation. Additionally, the nearby Fawk Reserve and St Clair Recreation Centre offer further options for sports and leisure activities, contributing to the overall quality of life in the area.

Athol Park’s residential areas are characterized by a mix of older homes and newer developments, reflecting the suburb’s ongoing evolution. The suburb’s affordable housing, multicultural community, and convenient access to amenities and transport links make it an attractive option for a wide range of residents. Its proximity to both the city and industrial areas also makes it a practical choice for those working in nearby commercial and industrial zones.

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