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Royal Park

POSTAL CODE: SA, 5014
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ROYAL PARK, 5014 ranks 3195th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 3.02% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $840,000.

The upward trend in home prices in ROYAL PARK, 5014 averaged 11.01% per annum over a 3-year period.

Average weekly rents on listings have reached the $640 mark, reflecting a 3.96% increase in returns based on the current median price in ROYAL PARK.

An average of 4.42 real estate transactions take place per month in ROYAL PARK which translates to 53 per annum.

53 properties were sold in ROYAL PARK in 2016, making it the 111th most active market in SA based on total real estate transactions.

ROYAL PARK, 5014 places 410th in Australia based on median property value growth during the quarter.

Surburb overview

Royal Park, located approximately 10 kilometres northwest of Adelaide’s central business district, is a residential suburb in the City of Charles Sturt. With a population of around 3,500 people, Royal Park is known for its quiet suburban streets and its proximity to both the coast and the commercial hubs of Port Adelaide and West Lakes. The suburb attracts a mix of families, professionals, and retirees, offering a balance of convenience and suburban living.

Public transportation in Royal Park is well-serviced, with regular bus routes connecting the suburb to Adelaide’s CBD and surrounding areas. The nearby Port Adelaide railway station provides further access to train services for commuters. For those who prefer to drive, major roads such as Port Road and Tapleys Hill Road ensure easy access to the city, beach, and key nearby suburbs like Semaphore and West Lakes.

Royal Park offers a range of essential services and amenities. The nearby Westfield West Lakes Shopping Centre provides residents with supermarkets, retail stores, cafes, and entertainment options, including cinemas. Schools in the area include Hendon Primary School and Seaton High School, offering families good options for education. Healthcare services are readily available, with the Queen Elizabeth Hospital in Woodville nearby, along with local medical clinics and pharmacies.

Recreational opportunities in Royal Park are plentiful, with several parks and reserves providing spaces for outdoor activities. The suburb is close to the Port River, where locals enjoy fishing and boating, and the nearby coastal suburbs offer beautiful beaches like Semaphore and Tennyson for swimming and beachside recreation. The Royal Adelaide Golf Club, one of the top courses in the country, is located just a short drive away, adding to the area’s appeal for golf enthusiasts. Royal Park’s combination of suburban comfort, proximity to essential amenities, and easy access to both the city and coast makes it an attractive location for a variety of residents.

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