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Unley Park

POSTAL CODE: SA, 5061
HOUSE

Homeowners and real estate investors betting on UNLEY PARK, 5061 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 25.49%.

A steady increase in median property prices over a five-year period in the suburb translates to a 77.78% capital gain.

Property investors in UNLEY PARK enjoyed capital gains of 25.49% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb 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 $3,200,000.

Profits due to an upward trend in home prices there averaged 25.93% per annum over a 3-year period.

Home owners selling their properties and realtors in UNLEY PARK usually have to wait an average of 111.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $1150 mark, reflecting a 1.87% increase in returns based on the current median price in UNLEY PARK.

UNLEY PARK, 5061 places 379th in Australia based on median property value growth during the quarter.

Surburb overview

Unley Park, in the 5061 postcode, is one of Adelaide’s most affluent suburbs, located approximately five kilometres south of the central business district. Known for its grand heritage homes, wide tree-lined streets, and spacious properties, Unley Park offers a premium residential experience for those seeking luxury and exclusivity while still being close to the city.

The population of Unley Park is smaller than its neighbouring suburbs, with around 1,300 residents. It is a well-established area, home to a mix of professionals, families, and retirees. The suburb’s housing stock consists predominantly of large, character-filled homes on expansive blocks, many of which date back to the late 19th and early 20th centuries. These homes are complemented by modern developments, though the suburb retains a classic, prestigious atmosphere.

Unley Park is well-served by public transportation, with trains from the nearby Unley Park railway station providing quick and easy access to Adelaide’s CBD and southern suburbs. Bus services along Unley Road further enhance connectivity to the city and other major areas.

The suburb is located close to the vibrant Unley Road shopping precinct, where a variety of cafes, boutique shops, and fine dining options can be found. For essential services, Unley Shopping Centre is nearby, offering supermarkets and specialty stores. There are also several elite schools within close proximity, including Walford Anglican School for Girls and Scotch College, making the area popular with families seeking top-quality education.

Unley Park offers residents ample green spaces, with nearby Heywood Park providing a peaceful setting for outdoor activities, family picnics, and recreation. The combination of high-end living, close proximity to the CBD, and convenient access to amenities makes Unley Park one of Adelaide’s most prestigious suburbs.

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