Suburb Profile Report for Kurralta Park SA (5037)

Kurralta Park House: Median price $595,000, Annual capital growth 4.75%, Number of sales 34, Weekly median advertised rent $420

Kurralta Park Unit: Median price $295,000, Annual capital growth 7.58%, Number of sales 40, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Kurralta Park, 5037 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 14.98%.

Across a shorter period, Kurralta Park, 5037 has seen a median price increase of 2.15% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kurralta Park, 5037. Typically our figures indicate that -6.40% is being offered, which puts this SA suburb at 1343th most discounted overall in Australia.

Advertised rents are around the $420 mark per week – giving a return of 3.67% based on the median price in Suburb

Kurralta Park, 5037 ranked 143th in SA when comparing growth in median property values or capital gain over the last 12 months. Kurralta Park is one of 853 in our list for SA

While Kurralta Park,5037 ranked number 141th in SA for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Kurralta Park is offering property investors an average of -6.27. This rate of discount on properties puts Suburb at number 24th in terms of most discounted suburbs in SA

Situated 3.42km from the CBD, Kurralta Park is one of West Torrens localities in the postcode 5037.

Metrics i HOUSE UNIT
$595,000 $295,000
2.15% -5.75%
14.98% -6.35%
4.75% 7.58%
$420 $270
34 40
3.67% 4.76%
82.16 73.81

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
Chart Table
Recent sales & rentals