Suburb Profile Report for Kidman Park SA (5025)

Kidman Park House: Median price $615,000, Annual capital growth 3.39%, Number of sales 44, Weekly median advertised rent $460

Kidman Park Unit: Median price $511,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Kidman Park, 5025 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 5.13%.

A 27.93% growth in median value for property investors in Kidman Park,5025 puts this suburb at number 58th in terms of best performing suburbs in SA

Property investors looking for a bargain in Kidman Park should be aiming for at least -4.96% off the asking price, which is the average vendor discount being achieved at the moment.

When looking at the potential capital gains offered to property investors over the last 3 years, Kidman Park comes in at number 78th in SA.

In the last year 10 properties changed hands in Kidman Park, which puts it as the 198th most active market in SA when comparing the number of sales per suburb.

Situated 6.20km from the CBD, Kidman Park is one of Charles Sturt localities in the postcode 5025.

Information supplied by:


February 2018

M
O

W
E
Situated about 7km from the Adelaide CBD, there’s barely room to breathe in Kidman ParkFull summary

Adelaide offers little breathing room

Postcode: 5025

Median unit price: $399,000

Vacancy rate: 0.4%

Three-year growth: 7.1%

Situated about 7km from the Adelaide CBD, there’s barely room to breathe in Kidman Park.

This suburb’s average vacancy rate is extremely low at just 0.4% as of November 2017 - representing a 0.5% drop from 12 months previously. Nonetheless, the prices of apartments have quickly been dropping as well, with the November 2017 quarter recording a 4.5% decrease and causing the median unit value to drop below $400,000. Even then, rental returns are still high at 5.7%.

Kidman Park Primary School has been established here. Residents are no loss for greenery – the River Torrens can be enjoyed from Linear Park, and Collins Reserve is another recreation spot.

Grange Road links Kidman Park to Adelaide, and buses run from the Findon Road, Grand Road, Valetta Road and Tapleys Hill Road stops.

Close
Metrics i HOUSE UNIT
$615,000 $511,000
5.13% 9.68%
5.13% N/A
3.39% N/A
$460 $445
44 10
3.89% 4.53%
77.65 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Kidman Park SA
Demographics
Total population 3316
Median household income ($/weekly) 1091
Median age of persons 46
Median housing loan repayment ($/monthly) 1800
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 332 10.0
    35-44 years 402 12.1
    45-54 years 485 14.6
    55-64 years 471 14.2
    65-74 years 451 13.6
    Others 1174 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 1578 58.1
    Not Married 1020 37.6
    Defacto Relationship 116 4.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2268 70.4
    Hong Kong 116 3.6
    Japan 274 8.5
    United Kingdom 118 3.7
    Other 104 3.2
    Others 340 10.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 2.7
    Christianity 2495 79.1
    Islam 43 1.4
    Other Religious Groups 28 0.9
    No Religion 496 15.7
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 113 9.6
    $400-$599 137 11.6
    $800-$999 117 9.9
    $1,000-$1,249 107 9.0
    $1,500-$1,999 132 11.2
    Others 577 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1166 42.1
    Employed, worked full-time 912 32.9
    Employed, worked part-time 524 18.9
    Employed, away from work 109 3.9
    Unemployed, looking for work 60 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 198 12.8
    Professionals 274 17.7
    Technicians & trades workers 215 13.9
    Clerical & administrative workers 298 19.3
    Sales 213 13.8
    Others 350 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 32 5.0
    Infants/Primary 223 34.6
    Secondary 191 29.6
    Technical or Further Educational Institution 64 9.9
    University or other Tertiary Institutions 117 18.1
    Others 18 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2850 88.6
    Semi-detached, row or terrace house, townhouse 342 10.6
    House or flat attached to a shop, office 15 0.5
    Flat, unit or apartment 11 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 650 51.5
    Being purchased 303 24.0
    Rented 287 22.7
    Other tenure type 23 1.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals