Mansfield Park

POSTAL CODE: SA, 5012
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 32.79% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $810,000

The augmented property values in the suburb are trailing behind the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $600.

Home owners selling their properties and realtors in MANSFIELD PARK usually have to wait an average of 46.5 days days before their assets are lifted off the market.

The SA suburb ranks 145th on the list of best yielding suburbs for rental properties in SA, posting a 3.85% return.

It also places places 353rd in Australia based on median property value growth during the quarter.

Surburb overview

Mansfield Park, located in South Australia with the postcode 5012, is a suburb situated approximately 10 kilometres northwest of Adelaide’s central business district (CBD). It forms part of the City of Port Adelaide Enfield and is known for its diverse, multicultural community, as well as its proximity to key commercial and industrial hubs.

With a population of around 3,500 people, Mansfield Park is a growing suburb with a mix of families, young professionals, and retirees. The suburb’s demographic is highly multicultural, with a range of cultural backgrounds represented, including large Vietnamese, Indian, and African communities. This diversity adds vibrancy to the area, with many local businesses and community groups reflecting the suburb’s cultural richness.

Public transportation in Mansfield Park is well-serviced, with several bus routes connecting the suburb to the Adelaide CBD and surrounding areas. The suburb is also close to major arterial roads, such as Grand Junction Road and Port Road, providing easy access for those commuting by car.

Mansfield Park has a range of local amenities, including shopping centres, restaurants, and community services. The nearby Arndale Shopping Centre in neighbouring Kilkenny provides access to major retailers, supermarkets, and dining options, making it a convenient destination for residents. Additionally, the Parks Recreation and Sports Centre offers a variety of sporting facilities and programs, contributing to the suburb’s active lifestyle options.

Educational facilities in the area include several schools in surrounding suburbs, such as Woodville High School and Ridley Grove Primary School. The community is also supported by local parks and reserves, including the Mansfield Park Reserve, which provides open green spaces for outdoor activities and family gatherings.

Mansfield Park is undergoing gradual redevelopment, with older homes being replaced by modern housing developments, making it increasingly appealing to younger families and investors. The suburb’s affordability, combined with its proximity to both the city and commercial areas, makes it a desirable location for those seeking a balance between suburban and urban living.

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