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Cumberland Park
AREA REPORTS

Cumberland Park

Cumberland Park - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5041

house
unit

Property investors enjoyed capital gains of 8.33% 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 high, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.

On average, rents on listings have reached the $430 mark, reflecting a 2.87% increase in returns based on the current median price in CUMBERLAND PARK.

CUMBERLAND PARK, 5041 ranks 131st in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 352nd on the list of best yielding suburbs for rental properties in SA, posting a 2.87% return.

Data report can be found below

Cumberland Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $780,000 $310,000
GROWTH REPORT
Median Quarterly 4.7% N/A
Median 12 month 8.33% -4.62%
Median 3 years -0.36% -16.22%
Median 5 years 14.58% -8.01%
10 years average annual 3.33% -0.77%
Weekly media advert. rent $430 $300
Time on Market 40.4 days 47.2 days
Gross Rental Yield Percent 2.87% 5.03%
demographics (median values)
Total Population
13391
Weekly Household Income
1636
Household Size
2.60
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