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Aberfoyle Park

POSTAL CODE: SA, 5159
HOUSE

ABERFOYLE PARK, 5159 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling ABERFOYLE PARK, 5159 values up and netting property investors a capital gain of 9.68% for the past year.

Investors saw the median home price rise to $850,000.

Profits due to an upward trend in home prices in the suburb averaged 11.82% per annum over a 3-year period.

ABERFOYLE PARK now ranks at the 355th 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 ABERFOYLE PARK 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 $620 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 ABERFOYLE PARK, homes and units usually stay on listing for an average of 31.5 days.

In 2016, 138 properties were sold in ABERFOYLE PARK during the past year, making it the 420th most active market in SA based on total real estate transactions.

Surburb overview

Aberfoyle Park, located in South Australia's southern suburbs, is approximately 20 kilometres south of Adelaide's central business district. The suburb is part of the City of Onkaparinga, one of the state's largest local government areas. It has a population of around 11,000 residents, with a demographic mix that includes families, young professionals, and retirees. The area is known for its family-friendly environment, with a significant proportion of the population consisting of households with children.

Public transportation in Aberfoyle Park is well-serviced by Adelaide Metro buses, providing convenient access to surrounding suburbs and the Adelaide CBD. The Flagstaff Hill interchange offers additional transport options for residents, making commuting relatively straightforward. The suburb is also connected by major roads, including Main South Road, providing easy access to the city's broader road network.

Aberfoyle Park is home to several educational institutions, including Aberfoyle Park Primary School and Aberfoyle Park High School, catering to the educational needs of the local community. The suburb also boasts a variety of parks and recreational areas, such as Thalassa Park, which offers expansive green spaces, walking trails, and playgrounds for families. The nearby Hub Shopping Centre serves as a central retail hub, featuring supermarkets, specialty stores, and dining options, ensuring that residents have access to essential services and amenities.

Recreational activities in the area include sports facilities, such as tennis courts and football ovals, which are popular among local sports clubs and community groups. The suburb's proximity to the Adelaide Hills also provides opportunities for outdoor enthusiasts to explore nature reserves and hiking trails, adding to the appeal of Aberfoyle Park as a vibrant and well-rounded community.

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