Park Holme

POSTAL CODE: SA, 5043
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A steady increase in median property prices over a five-year period in the suburb translates to a 30% capital gain.

Property investors in PARK HOLME enjoyed capital gains of 9.09% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also 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 $936,000.

Profits due to an upward trend in home prices there averaged 10% per annum over a 3-year period.

Home owners selling their properties and realtors in PARK HOLME usually have to wait an average of 31.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $655 mark, reflecting a 3.64% increase in returns based on the current median price in PARK HOLME.

PARK HOLME, 5043 places 296th in Australia based on median property value growth during the quarter.

Surburb overview

Park Holme is a well-located suburb approximately 10 kilometres southwest of Adelaide's central business district. It falls within the City of Marion local government area and is conveniently positioned between major roads, such as Marion Road and Oaklands Road. Public transport is easily accessible, with regular bus services and the nearby Ascot Park Railway Station providing direct links to the Adelaide CBD and surrounding suburbs.

Park Holme has a population of around 2,700 residents and offers a quiet, family-friendly environment. The suburb features a variety of housing, including older post-war homes and more modern developments, catering to a diverse range of residents, from young families to retirees. The area's tree-lined streets and green spaces contribute to its suburban charm.

Essential services in Park Holme are easily accessible, with the nearby Park Holme Shopping Centre offering grocery stores, retail outlets, and dining options. The suburb is also close to Westfield Marion, one of the largest shopping centres in Adelaide, providing residents with access to an extensive range of shops, entertainment, and services. Healthcare is well-catered for, with local medical clinics and the Flinders Medical Centre just a short drive away.

Recreational opportunities in Park Holme include several parks and reserves, such as Hendrie Street Reserve and Marion Outdoor Pool, which is a popular destination for families and fitness enthusiasts. The reserve also offers playgrounds, walking paths, and picnic areas, providing a welcoming space for outdoor activities and relaxation. Additionally, the Oaklands Wetland and Reserve, located nearby, offers a beautiful natural environment for walking, birdwatching, and enjoying nature.

For families, Park Holme provides access to a number of nearby schools, including Hamilton Secondary College and Ascot Park Primary School, making it a convenient location for families with children. With its blend of suburban tranquillity, proximity to essential services, and recreational facilities, Park Holme offers a well-rounded lifestyle for a variety of residents.

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