Property value increases in Kurralta Park have tracked just lower than the SA average of 2.50% over the last 12 months.
While Kurralta Park,5037 ranked number 391th in SA for increase in median house value (annualised) increase, it is ranked 112th over the last 5 years.
Kurralta Park5037 is located in SA which offers an average discount of -6.24% to property investors. Kurralta Park itself is showing figures that indicate -4.97% is the average achievable by property buyers investing in the suburb.
The SA suburb of Kurralta Park, 5037 is in the West Torrens local government area.
At number 26th 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 34.74% recorded in median house prices.
Over the longer term, Kurralta Park has seen property prices show investors a 63.06% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Kurralta Park is $415000, with sellers offering an average of -6.81% off the asking price.
Renters in Suburb are facing rents around $13520 per annum or $260 every week.
Along the Anzac Highway around 5km southwest of Adelaide, the small suburb of Kurralta Park is steadily moving along with a growing unit marketFull summary
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Low prices and convenience
Median unit price: $335,000
Three-year growth: 29.3%
Rental yield: 4.1%
Along the Anzac Highway around 5km southwest of Adelaide, the small suburb of Kurralta Park is steadily moving along with a growing unit market.
The average annual growth rate is a high 8%, and in the December 2017 quarter, the suburb recorded 9.5% to bring the median value to $335,000, continuing a five-year trend of positive growth. Given the proximity to the capital’s CBD, this boosts Kurralta Park’s appeal by providing both affordability and convenience.
Brownhill Creek runs through the middle of the suburb, and in addition to Anzac Highway, it is bounded by streets like South Road and Barwell Avenue. The Adelaide Airport is less than 10 minutes away by car, and West Beach is just about 8km to the west.Close