Suburb Profile Report for Cumberland Park SA (5041)

Cumberland Park House: Median price $712,500, Annual capital growth 3.80%, Number of sales 36, Weekly median advertised rent $470

Cumberland Park Unit: Median price $315,500, Annual capital growth 2.11%, Number of sales 12, Weekly median advertised rent $290

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

Cumberland Park, 5041 ranked 312th in SA when comparing growth in median property values or capital gain over the last 12 months. Cumberland Park is one of 853 in our list for SA

Across a shorter period, Cumberland Park, 5041 has seen a median price increase of 1.42% over the last quarter.

Advertised rents are around the $470 mark per week – giving a return of 3.43% based on the median price in Suburb

Cumberland Park is in the bottom 20% in SA when comparing median price capital growth over the last year. Cumberland Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.73%.

Taking the average capital gain, or increase in median house value, Cumberland Park,5041 has racked up an average of -14.73% over the period. This ranks it number 1298th in the whole country for real estate investors looking at median house price increases.

With the median price for a house in Cumberland Park being $315500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.78%

Metrics i HOUSE UNIT
$712,500 $315,500
1.42% N/A
-1.72% -14.73%
3.80% 2.11%
$470 $290
36 12
3.43% 4.78%
42 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 2484
Median household income ($/weekly) 1407
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 319 12.8
    25-34 years 296 11.9
    35-44 years 396 15.9
    45-54 years 395 15.9
    55-64 years 270 10.9
    Others 808 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 928 49.4
    Not Married 789 42.0
    Defacto Relationship 161 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1982 82.4
    Hong Kong 34 1.4
    Papua New Guinea 35 1.5
    United Kingdom 97 4.0
    Other 80 3.3
    Others 176 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.0
    Christianity 1526 66.0
    Hinduism 17 0.7
    Other Religious Groups 14 0.6
    No Religion 720 31.1
    Others 13 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 73 8.2
    $800-$999 92 10.4
    $1,500-$1,999 117 13.2
    $2,000-$2,499 96 10.8
    $2,500-$2,999 88 9.9
    Others 422 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 808 42.0
    Not in the labour force 539 28.0
    Employed, worked part-time 447 23.2
    Employed, away from work 73 3.8
    Unemployed, looking for work 57 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 13.0
    Professionals 401 30.2
    Technicians & trades workers 165 12.4
    Clerical & administrative workers 209 15.7
    Sales 131 9.9
    Others 249 18.8
    Occupation
    Census Count Percent(%)
    Pre-school 49 7.2
    Infants/Primary 263 38.7
    Secondary 128 18.9
    Technical or Further Educational Institution 54 8.0
    University or other Tertiary Institutions 167 24.6
    Others 18 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1999 83.5
    Flat, unit or apartment 314 13.1
    Semi-detached, row or terrace house, townhouse 82 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 387 40.7
    Fully owned 313 32.9
    Rented 235 24.7
    Other tenure type 17 1.8
    Tenure Type
Census 2011, ABS
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