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Munno Para

POSTAL CODE: SA, 5115
HOUSE

Property investors have seen a 1.67% gain in MUNNO PARA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MUNNO PARA, 5115 saw average growth in the long term.

The SA 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 $610,000

Profits averaged 20% per annum over a 3-year period, due to an upward trend in home prices in MUNNO PARA, 5115.

This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

The gross rental yield in MUNNO PARA, 5115 is 4.69%.

An average of 14.75 real estate transactions take place per month in MUNNO PARA which translates to 177 per annum.

Surburb overview

Munno Para is a growing northern suburb situated approximately 35 kilometres north of Adelaide’s central business district (CBD). It falls within the City of Playford and is known for its affordable housing, modern developments, and convenient access to both urban amenities and rural landscapes.

With a population of around 6,000 people, Munno Para is a rapidly expanding area with a diverse demographic. Its ongoing development has attracted many new residents, particularly those seeking affordable housing options in a well-serviced suburb.

Public transportation in Munno Para is excellent, with the suburb being serviced by both train and bus networks. The Munno Para railway station, located on the Gawler train line, provides direct access to Adelaide’s CBD and other northern suburbs. Several bus routes also operate throughout the area, ensuring that residents have convenient transport options. It is also easily accessible by car via Main North Road and the Northern Expressway.

Munno Para offers a range of amenities and services, with the Munno Para Shopping City being the central hub for retail and daily needs. For more extensive shopping and entertainment options, the nearby Elizabeth City Centre provides additional retail outlets, cinemas, and restaurants.

The Playford Alive Community Park, a modern recreational area, includes playgrounds, walking paths, and open spaces for families to enjoy. Additionally, the Curtis Wetlands, located nearby, is a scenic area that attracts birdwatchers and nature lovers.

Munno Para is also well-serviced in terms of education, with several schools located in and around the suburb. These include Mark Oliphant College, a large educational institution that caters to students from Reception through Year 12, and Munno Para Primary School. There are also childcare centres and early learning facilities available, making the suburb ideal for young families.

Healthcare services are readily accessible in Munno Para. The nearby Lyell McEwin Hospital, a major public healthcare facility, provides emergency services, specialist care, and general medical services, ensuring that residents have access to quality healthcare.

Munno Para is a suburb that offers a balanced lifestyle, combining suburban convenience with access to both urban amenities and natural surroundings. The ongoing residential development, modern infrastructure, and growing community make it an attractive location for families, first-home buyers, and those seeking affordable housing within close proximity to Adelaide. Its strong transport links, local amenities, and recreational opportunities further enhance its appeal as a desirable northern suburb.

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