Munno Para West

POSTAL CODE: SA, 5115
HOUSE

Property investors enjoyed capital gains of 9.17% over the last 12 months in MUNNO PARA WEST, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in MUNNO PARA WEST are low, as opposed to average gains per annum over the past five years.

The suburb posted a 59.99% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

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

On average, rents on listings have reached the $550 mark, reflecting a 4.37% increase in returns based on the current median price in MUNNO PARA WEST.

MUNNO PARA WEST, 5115 ranks 285th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 53rd on the list of best yielding suburbs for rental properties in SA, posting a 4.37% return.

Surburb overview

Munno Para West is a fast-growing northern suburb situated approximately 40 kilometres north of Adelaide’s central business district (CBD). It is part of the City of Playford and is known for its modern housing developments, affordable living, and family-friendly environment.

With a population of around 5,000 people, Munno Para West has undergone significant growth in recent years due to new housing estates and residential developments. The expanding community reflects a mix of families, professionals, and retirees who enjoy the suburban lifestyle combined with access to nearby urban amenities.

Public transportation in Munno Para West is well-serviced by several bus routes that connect the suburb to Adelaide’s CBD and surrounding northern suburbs. The nearby Munno Para railway station, located on the Gawler train line, provides a convenient public transport option for those commuting to the city or other parts of Adelaide. The suburb is also easily accessible by car via the Northern Expressway and Main North Road, offering quick connections to Adelaide and the northern regions.

The Munno Para Shopping City and Elizabeth City Centre provide residents with a variety of retail stores, supermarkets, dining options, and essential services. Additionally, the Playford Town Centre, part of the ongoing Playford Alive development, offers further retail, dining, and community services.

The Playford Alive Community Park is a modern facility that features playgrounds, walking paths, and picnic areas, making it a popular spot for families. Nearby, the Curtis Wetlands offer a scenic environment for walking, birdwatching, and relaxing in nature.

There are several schools located in and around Munno Para West. These include Mark Oliphant College, a large educational facility that caters to students from Reception through Year 12, and other primary and secondary schools in the surrounding areas. Childcare centres and early learning facilities are also available, which is ideal for families with children.

Healthcare services are easily accessible for residents of Munno Para West. For more comprehensive medical care, the Lyell McEwin Hospital, a major public healthcare facility in the northern suburbs, provides emergency services, specialist care, and general medical treatment.

Munno Para West is a suburb characterised by its modern living options, affordability, and growing community. The suburb’s excellent transport links, access to nearby shopping centres, schools, and recreational facilities make it an attractive choice for families, first-home buyers, and professionals looking for a suburban lifestyle with easy access to urban amenities. As the area continues to develop, Munno Para West remains a popular choice for those seeking a balanced and convenient lifestyle in Adelaide’s northern suburbs.

You’re out of free articles for this month
Loading form...