Suburb Profile Report for Kurralta Park SA (5037)

Kurralta Park House: Median price $492,500, Annual capital growth 3.88%, Number of sales 36, Weekly median advertised rent $400

Kurralta Park Unit: Median price $315,000, Annual capital growth 7.58%, Number of sales 42, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -4.37% for the last 12 months, Kurralta Park, 5037 has performed for property investments than its average annual 3.88% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Kurralta Park has given property investors a paper return of -10.88%. This puts Suburb as 414 on a list of fastest fasting appreciating suburbs in SA

LACK OF BUYER INTEREST may well be the reason that Kurralta Park is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 380th in terms of most discounted suburbs in SA

Residents and property investors in Kurralta Park have been waiting around 54.36 days to sell a property.

At number 136th in the list of Australian suburbs ordered by increase in median house value over the last year, Kurralta Park, 5037 is in the top 10% with a property value increase of 18.64% recorded in median house prices.

If we look at median property appreciation over just the last three months, Kurralta Park has given property investors a paper return of 10.14%. This puts Suburb as 16 on a list of fastest fasting appreciating suburbs in SA

Kurralta Park5037 is located in SA which offers an average discount of -6.11% to property investors. Kurralta Park itself is showing figures that indicate -6.10% is the average achievable by property buyers investing in the suburb.

Kurralta Park is 129th on a list of best yielding suburbs for rents in SA with a 4.29% return

HOUSE UNIT
$492,500 $315,000
-10.88% 10.14%
-4.37% 18.64%
3.88% 7.58%
$400 $260
36 42
4.22% 4.29%
54.36 89.04

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Kurralta Park SA
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