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Plympton Park

POSTAL CODE: SA, 5038
HOUSE

Based on its average 5-year and quarterly capital gains PLYMPTON PARK, 5038 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that PLYMPTON PARK, 5038 obtained a 8.44% growth over a ten-year period. It ranks 907th on our list of suburbs that property investors should look into.

PLYMPTON PARK, 5038 in SA belongs to the local government area of Marion.

PLYMPTON PARK, 5038 has a capital gain of 16.62% for the past year, which is lower than average compared to its 90.26% growth within a five-year period.

With the median home price in PLYMPTON PARK sitting at $1,078,750, and the average rent at $650, property owners could potentially earn a 3.13% increase in gross rental yield.

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

Surburb overview

Plympton Park is a well-established suburb located approximately 8 kilometres southwest of Adelaide’s central business district. It falls within the City of Marion local government area and is conveniently situated between the city and Glenelg Beach. The suburb enjoys excellent connectivity through major roads such as Marion Road and Anzac Highway, and it is also serviced by the Glenelg tram line, providing easy access to both the CBD and the beach.

With a population of around 3,400 residents, Plympton Park offers a quiet, family-friendly environment. The suburb features a variety of housing options, including post-war homes, modern developments, and townhouses, making it an attractive choice for families, professionals, and retirees. Its peaceful streets, green spaces, and proximity to key amenities add to its appeal as a desirable residential area.

Plympton Park residents benefit from a range of essential services nearby. The local Forbes Shopping Centre offers grocery stores and retail outlets, while larger shopping centres such as Castle Plaza and Westfield Marion are just a short drive away, providing more extensive shopping, dining, and entertainment options. Healthcare is well-catered for, with local medical clinics and the nearby Ashford Hospital and Flinders Medical Centre offering comprehensive services.

Recreational activities in Plympton Park are plentiful, with several parks and reserves providing green spaces for outdoor activities. The popular Plympton Sports and Recreation Club offers facilities for football, tennis, and cricket, fostering a strong sense of community engagement through local sports. In addition, the Morphettville Racecourse, located just minutes away, provides entertainment for horse racing enthusiasts. For those seeking a beachside escape, Glenelg Beach is only a short tram ride away, offering swimming, fishing, and dining options along the coast.

Families in Plympton Park have access to a variety of educational institutions, including Forbes Primary School and nearby Plympton International College, both offering quality education options. The suburb’s combination of suburban tranquillity, access to essential services, and proximity to both the city and the beach makes Plympton Park an appealing and well-rounded location for a variety of residents.

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