Suburb Profile Report for Kurralta Park SA (5037)

Kurralta Park House: Median price $592,500, Annual capital growth 5.28%, Number of sales 39, Weekly median advertised rent $400

Kurralta Park Unit: Median price $308,000, Annual capital growth 7.85%, Number of sales 34, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

Kurralta Park has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 7.22% to date .

While Kurralta Park,5037 ranked number 45th in SA for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.

Sellers are offering property buyers an average discount of -4.86% to buyers in Kurralta Park at the moment, which is less than average for the rest of SA.

Residents and property investors in Kurralta Park have been waiting around 83.06 days to sell a property.

The SA suburb of Kurralta Park, 5037 is in the West Torrens local government area.

With a capital gain of 3.70% for the last 12 months, Kurralta Park, 5037 has performed for property investments than its average annual 7.85% property growth over the last 5 years.

A 35.38% growth in median value for property investors in Kurralta Park,5037 puts this suburb at number 65th in terms of best performing suburbs in SA

Property investors looking for a bargain in Kurralta Park should be aiming for at least -7.53% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$592,500 $308,000
8.12% 2.84%
7.22% 3.70%
5.28% 7.85%
$400 $270
39 34
3.51% 4.56%
83.06 71.2

Source: CoreLogic

DSR Score for property investment : Good (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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