Kurralta Park is a smaller suburb in South Australia within the West Torrens local government area (postcode 5037). With a population of 3,139, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $82K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, labourers. The top ancestries reported are English, Australian, Chinese.
The median house price in Kurralta Park is $1.2 million, having surged 16.7% over the past year. The current median weekly rent is $565. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,600.
Public transport access includes 13 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the West Torrens LGA is moderate at 5,288 incidents per 100,000 population.
From an investment perspective, Kurralta Park offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 14.9x is considered stretched. House prices have moved +16.7% year-on-year.
Kurralta Park is a smaller suburb in South Australia within the West Torrens local government area (postcode 5037). With a population of 3,139, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $82K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, labourers. The top ancestries reported are English, Australian, Chinese.
The median house price in Kurralta Park is $1.2 million, having surged 16.7% over the past year. The current median weekly rent is $565. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,600.
Public transport access includes 13 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the West Torrens LGA is moderate at 5,288 incidents per 100,000 population.
From an investment perspective, Kurralta Park offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 14.9x is considered stretched. House prices have moved +16.7% year-on-year.