Vale Park is a smaller suburb in South Australia within the Walkerville local government area (postcode 5081). With a population of 2,452, the suburb has an established demographic with a median age of 42. Households earn a median income of $106K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Vale Park is $1.6 million, having surged 15.1% over the past year. The current median weekly rent is $559. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
Vale Park is served by 1 school, including 1 primary. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Walkerville LGA is below average at 3,956 incidents per 100,000 population.
From an investment perspective, Vale Park offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +15.1% year-on-year.
Vale Park is a smaller suburb in South Australia within the Walkerville local government area (postcode 5081). With a population of 2,452, the suburb has an established demographic with a median age of 42. Households earn a median income of $106K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Vale Park is $1.6 million, having surged 15.1% over the past year. The current median weekly rent is $559. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
Vale Park is served by 1 school, including 1 primary. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Walkerville LGA is below average at 3,956 incidents per 100,000 population.
From an investment perspective, Vale Park offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +15.1% year-on-year.