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O'halloran Hill

POSTAL CODE: SA, 5158
HOUSE

O'HALLORAN HILL, 5158 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 $778,500.

Profits due to an upward trend in home prices in the suburb averaged 10.24% per annum over a 3-year period.

O'HALLORAN HILL now ranks at the th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $600 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In O'HALLORAN HILL, homes and units usually stay on listing for an average of 35.6 days.

In 2016, 38 properties were sold in O'HALLORAN HILL during the past year, making it the 182nd most active market in SA based on total real estate transactions.

Surburb overview

O'Halloran Hill is a suburb located about 20 kilometres south of Adelaide's central business district, situated within the City of Onkaparinga and City of Marion. This suburban area is positioned along the slopes of the Adelaide Hills, providing residents with scenic views and a peaceful environment. The suburb offers convenient access to the city via the Southern Expressway and Main South Road, while public transportation is available through regular bus services.

With a population of approximately 2,700 residents, O'Halloran Hill is a family-friendly area that attracts a mix of young families, professionals, and retirees. The suburb is known for its spacious properties, many of which feature large gardens, making it a popular choice for those seeking a semi-rural lifestyle within reach of the city.

Essential amenities are located nearby, with the Happy Valley Shopping Centre and Hallett Cove Shopping Centre offering a range of grocery stores, retail outlets, and dining options. The suburb is also close to healthcare facilities, including the Flinders Medical Centre, providing easy access to medical services.

Recreational opportunities abound in O'Halloran Hill, particularly for those who enjoy outdoor activities. The O'Halloran Hill Recreation Park is a major feature of the suburb, offering walking trails, cycling paths, and areas for picnics. The park is a haven for nature lovers, with its expansive green spaces and local wildlife. Additionally, the nearby Glenthorne National Park and Happy Valley Reservoir provide further opportunities for outdoor activities such as hiking and kayaking.

Families have access to several schools in the surrounding area, including Reynella East College and Hallett Cove School, both of which are a short drive away. The combination of suburban tranquillity, access to natural reserves, and proximity to essential services makes O'Halloran Hill an attractive place for a variety of lifestyles.

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