Suburb Profile Report for Kurralta Park SA (5037)

Kurralta Park House: Median price $510,000, Annual capital growth 4.23%, Number of sales 37, Weekly median advertised rent $400

Kurralta Park Unit: Median price $311,500, Annual capital growth 7.59%, Number of sales 44, Weekly median advertised rent $255

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -0.49% for the last year, Kurralta Park, 5037 is the 2962th highest performer in Australia in this respect.

Across a shorter period, Kurralta Park, 5037 has seen a median price increase of -12.33% over the last quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Kurralta Park itself are offering an average vendor discount of -2.92% to real estate investors.

With the median price for a house in Kurralta Park being $510000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.08%

Property investors who have had real estate in Kurralta Park, 5037 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.31%

Taking the average capital gain, or increase in median house value, Kurralta Park,5037 has racked up an average of 14.31% over the period. This ranks it number 701th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Kurralta Park are currently offering property investors an average price cut of -7.00% below the asking price at the moment.

Residents and property investors in Kurralta Park have been waiting around 95.45 days to sell a property.

Kurralta Park, 5037’s gross rental yield is 4.26%

HOUSE UNIT
$510,000 $311,500
-12.33% 5.97%
-0.49% 14.31%
4.23% 7.59%
$400 $255
37 44
4.08% 4.26%
56.55 95.45

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2573
Median household income ($/weekly) 972
Median age of persons 31
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 232 9.0
    20-24 years 336 13.1
    25-34 years 637 24.7
    35-44 years 386 15.0
    45-54 years 264 10.3
    Others 719 27.9
    Age Group
    Census Count Percent(%)
    Not Married 1048 51.2
    Registered Married 822 40.2
    Defacto Relationship 176 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1389 56.2
    Croatia 161 6.5
    Indonesia 231 9.3
    United Kingdom 90 3.6
    Other 190 7.7
    Others 412 16.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1228 52.0
    Hinduism 155 6.6
    Islam 160 6.8
    Other Religious Groups 85 3.6
    No Religion 648 27.5
    Others 84 3.6
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 122 12.0
    $800-$999 126 12.4
    $1,000-$1,249 99 9.8
    $1,250-$1,499 107 10.5
    $1,500-$1,999 107 10.5
    Others 454 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 815 39.0
    Not in the labour force 655 31.3
    Employed, worked part-time 450 21.5
    Unemployed, looking for work 93 4.4
    Employed, away from work 78 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 315 23.5
    Technicians & trades workers 169 12.6
    Community & personal service workers 196 14.6
    Clerical & administrative workers 192 14.3
    Labourers 131 9.8
    Others 337 25.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 178 23.3
    Secondary 106 13.9
    Technical or Further Educational Institution 83 10.8
    University or other Tertiary Institutions 332 43.4
    Other type of educational institution 35 4.6
    Others 31 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1252 50.9
    Flat, unit or apartment 853 34.7
    Semi-detached, row or terrace house, townhouse 356 14.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 512 47.5
    Being purchased 314 29.1
    Fully owned 245 22.7
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
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