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Cumberland Park

POSTAL CODE: SA, 5041
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Property investors enjoyed capital gains of 0.66% over the last 12 months in CUMBERLAND 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 CUMBERLAND PARK are low, as opposed to average gains per annum over the past five years.

The suburb posted a 21.25% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $635 based on current median home prices for the suburb.

On average, rents on listings have reached the $635 mark, reflecting a 2.48% increase in returns based on the current median price in CUMBERLAND PARK.

CUMBERLAND PARK, 5041 ranks 411th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 321st on the list of best yielding suburbs for rental properties in SA, posting a 2.48% return.

Surburb overview

Cumberland Park, located approximately 6 kilometres south of Adelaide's central business district, is a well-established and family-friendly suburb in South Australia. It falls within the City of Mitcham, a local government area known for its leafy suburbs, quality schools, and strong sense of community. Cumberland Park has a population of around 3,500 residents, with a demographic mix that includes families, professionals, and retirees who appreciate its convenient location, attractive homes, and access to a wide range of amenities.

Public transportation in Cumberland Park is well-serviced by Adelaide Metro buses, providing regular services to the Adelaide CBD and surrounding suburbs. The suburb is also conveniently located near major roads, including Goodwood Road and Cross Road, making it easily accessible by car and facilitating quick travel to both the city and other parts of Adelaide.

Cumberland Park is characterized by its wide, tree-lined streets and a mix of housing styles, including post-war bungalows, mid-century homes, and more modern developments. The suburb’s residential areas are peaceful and well-maintained, contributing to its reputation as a desirable place to live.

The suburb offers a variety of amenities that cater to the needs of its residents. Cumberland Park is home to several local shops, cafes, and essential services, ensuring that residents have easy access to daily necessities. The nearby Castle Plaza Shopping Centre, located on South Road, provides a wider range of retail, dining, and entertainment options, including supermarkets, specialty stores, and cafes. These amenities make Cumberland Park a convenient and well-serviced suburb.

Educational facilities in Cumberland Park are excellent, making it a popular choice for families. The suburb is close to several well-regarded schools, including Cabra Dominican College, a private Catholic school that offers education from reception to year 12, and Westbourne Park Primary School. Additionally, the area is near other quality schools in neighboring suburbs, providing further educational options for families with children.

AA Bailey Recreation Ground, located within the suburb, offers sports fields, playgrounds, and spaces for community events and outdoor activities. The nearby Goodwood Oval and Ridge Park provide additional opportunities for sports, fitness, and relaxation. The suburb's location also offers easy access to the Adelaide Park Lands and the beach, allowing residents to enjoy a variety of outdoor activities.

Cumberland Park’s combination of suburban tranquility, excellent transport links, and access to quality amenities makes it a highly desirable location for a diverse range of residents. The suburb’s leafy streets, strong community ties, and proximity to both the city and recreational areas continue to attract those seeking a balanced and convenient lifestyle in one of Adelaide’s most appealing southern suburbs.

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