Suburb Profile Report for Kurralta Park SA (5037)

Kurralta Park House: Median price $490,000, Annual capital growth 3.44%, Number of sales 33, Weekly median advertised rent $400

Kurralta Park Unit: Median price $318,000, Annual capital growth 6.92%, Number of sales 38, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Kurralta Park, 5037 have given investors a capital gain of -7.13%. This compares very badly with the 3.22% for SA as a whole.

Comparing Kurralta Park,5037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Kurralta Park is giving property investors an average Vendor Discount of around -3.30%. This puts suburb at number 370th in SA when ranking the most discounted suburbs.

Kurralta Park, 5037’s gross rental yield is 4.24%

Kurralta Park is in the TOP 10% in SA when comparing median price capital growth over the last year. Kurralta Park gave property investors a very good capital gain figure when compared to the rest of the state, with 25.69%.

The five-year average increase in median property values for Kurralta Park,5037 has given property investors a potential capital gain of 37.28% across each of those five years.

At number 58th of SA’s most discounted properties, Kurralta Park is in the bottom 40% of the state/territory when listing in order of most discounted to least.

At number 922 in a list of fastest selling suburbs, Kurralta Park is in the bottom 40% of suburbs in Australia with an average of days on market 87.55 for properties listed there.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 6.92%, investors should hope to achieve an overall return of 4.25%

HOUSE UNIT
$490,000 $318,000
-5.31% 0.95%
-7.13% 25.69%
3.44% 6.92%
$400 $260
33 38
4.24% 4.25%
61.25 87.55

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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