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Daw Park

POSTAL CODE: SA, 5041
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A steady increase in median property prices over a five-year period in the suburb translates to a 54.45% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,302,000

The augmented property values in the suburb are trailing above the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $660.

Home owners selling their properties and realtors in DAW PARK usually have to wait an average of 50.3 days days before their assets are lifted off the market.

The SA suburb ranks 302nd on the list of best yielding suburbs for rental properties in SA, posting a 2.64% return.

It also places places 58th in Australia based on median property value growth during the quarter.

Surburb overview

Daw Park, located approximately 8 kilometres south of Adelaide's central business district, is a well-established and leafy suburb in South Australia. It falls within the City of Mitcham, a local government area known for its attractive residential areas, excellent schools, and strong community spirit. Daw Park has a population of around 3,000 residents, with a demographic mix that includes families, professionals, and retirees.

Public transportation in Daw 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 such as Goodwood Road and South Road, facilitating easy access by car to the city, the southern suburbs, and the coast. The Southern Expressway, located nearby, further enhances connectivity to the southern regions of Adelaide.

Daw Park is characterized by its wide, tree-lined streets and a mix of housing styles, including post-war bungalows, mid-century homes, and more recent developments. The suburb’s residential areas are peaceful and well-maintained, contributing to its reputation as a desirable place to live. The presence of mature trees, parks, and well-kept gardens adds to the suburb’s green and inviting atmosphere.

The suburb offers a variety of amenities that cater to the needs of its residents. While Daw Park itself is primarily residential, it is close to several shopping precincts, including Castle Plaza Shopping Centre and Mitcham Square Shopping Centre. These centres provide a range of retail stores, supermarkets, cafes, and essential services, ensuring that residents have easy access to daily necessities and leisure activities.

Educational facilities in Daw Park are excellent, making it a popular choice for families. The suburb is close to several well-regarded schools, including Colonel Light Gardens Primary School and St. Therese School. The area is near other quality schools in neighboring suburbs, providing further educational options for families with children. The proximity to Flinders University and other educational institutions also adds to the suburb's appeal.

The suburb is home to several parks, including Reade Park and Mortlock Park, which offer sports fields, playgrounds, and spaces for community events and outdoor activities. The nearby Pasadena Green Reserve and the Mitcham Reserve provide additional opportunities for outdoor recreation. 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.

Daw Park’s combination of suburban tranquility, strong 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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