Suburb Profile Report for Kurralta Park SA (5037)

Kurralta Park House: Median price $570,000, Annual capital growth 3.34%, Number of sales 35, Weekly median advertised rent $435

Kurralta Park Unit: Median price $292,000, Annual capital growth 4.20%, Number of sales 29, Weekly median advertised rent $265

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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Kurralta Park, 5037 ranked 322th in SA when comparing growth in median property values or capital gain over the last 12 months. Kurralta Park is one of 853 in our list for SA

Kurralta Park,5037 has offered an average of -2.90% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Kurralta Park is offering property investors an average of -6.73. This rate of discount on properties puts Suburb at number 141th in terms of most discounted suburbs in SA

On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.

The SA suburb of Kurralta Park, 5037 is in the West Torrens (C) local government area.

Kurralta Park, 5037 ranked 84th in SA when comparing growth in median property values or capital gain over the last 12 months. Kurralta Park is one of 853 in our list for SA

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

LACK OF BUYER INTEREST may well be the reason that Kurralta Park is offering property investors an average of -6.88. This rate of discount on properties puts Suburb at number 39th in terms of most discounted suburbs in SA

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Kurralta Park, SA – Remain snug to the city

Postcode: 5037

Median unit price: $396,500

Three-year growth: 40%

Rental yield: 3%

Part of the city of West Torrens, the small suburb of Kurralta Park was named after an Aboriginal word meaning ‘set on a hill’.

While the suburb isn’t quite set on a hill as its moniker implies, it is a very convenient suburb that is just minutes away from the Adelaide CBD. Kurralta Park is also bordered by Anzac Highway in the north, and the Kurralta Central Shopping Centre is located near the highway. There are several cafes in the suburb, and Brownhill Creek runs through the area as well. Kurralta Park also has a local community kindergarten.

Metrics i HOUSE UNIT
$570,000 $292,000
0.44% -7.30%
-2.90% -13.74%
3.34% 4.20%
$435 $265
35 29
3.97% 4.72%
75.6111111111111 100.44

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (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
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