Kidman Park is in the bottom 30% in SA when comparing median price capital growth over the last year. Kidman Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.00%.
Kidman Park,5025 has offered an average of -5.00% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.76% offered to property buyers. Sellers in Kidman Park itself are offering an average vendor discount of -8.39% to real estate investors.
Advertised rents are around the $450 mark per week – giving a return of 4.11% based on the median price in Suburb
Situated about 7km from the Adelaide CBD, there’s barely room to breathe in Kidman ParkFull summary
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Adelaide offers little breathing room
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