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Kurralta Park

Suburb Profile

Kurralta Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5037

house
unit

KURRALTA PARK, 5037 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 $562,000.

Profits due to an upward trend in home prices in the suburb averaged 4.9% per annum over a 3-year period.

KURRALTA PARK now ranks at the 272nd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $440 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KURRALTA PARK, homes and units usually stay on listing for an average of 72.2 days.

In 2016, 35 properties were sold in KURRALTA PARK during the past year, making it the 201st most active market in SA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $562,000 $242,500
GROWTH REPORT
Median Quarterly -0.97% -23.02%
Median 12 month -6.33% -38.45%
Median 3 years 14.69% -23.02%
Median 5 years 19.32% -5.64%
10 years average annual 2.89% 4.56%
Weekly media advert. rent $440 $265
Time on Market 72.2 days 106.0 days
Gross Rental Yield Percent 4.07% 5.68%
demographics (median values)
Total Population
2444
Weekly Household Income
755.7
Household Size
2.10
demographics
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