SA has seen average median house prices change by 10.08% which means that Kidman Park, 5025 has done well for property investors by showing a capital gain of 10.68% over the last year
If we look at median property appreciation over just the last three months, Kidman Park has given property investors a paper return of 1.65%. This puts Suburb as 314 on a list of fastest fasting appreciating suburbs in SA
Property buyers and investors in Kidman Park 5025 should be seeing an average reduction in asking price of around -3.53% . This means that Kidman Park is holding prices well when compared to other suburbs in SA.
Residents and property investors in Kidman Park have been waiting around 72.7826 days to sell a property.
Renters in Suburb are facing rents around $24700 per annum or $475 every week.
Kidman Park, 5025’s gross rental yield is 4.29%
Information supplied by:
Kidman Park, SA – Houses flood the market
Median house price: $557,500
Stock on market: 271.4%
12-month growth: -4.5%
About 7km west of the Adelaide CBD is the suburb of Kidman Park, which was first established in 1954. It is tucked right between Grange Road, which facilitates an easy drive to Adelaide, and the River Torrens. The suburb is perfect for large families given its wide open spaces and sizeable properties. Over the past 12 months to October 2019, housing supply skyrocketed.
The Kidman Park Primary School can be found on Dean Avenue, with Collins Reserve on Valetta Road. Through Linear Park, residents can also access the River Torrens, which runs along the park’s boundaries. Adelaide Metro buses stop along Findon Road, Grand Road, Valetta Road and Tapleys Hill Road.