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Investment Property Cumberland Park, SA, 5041

Suburb Snapshot

Cumberland Park is a suburb in the Mitcham Region of South Australia. Cumberland Park has a population of 2,496 people and 21.40% of its occupants live in rental accommodation. The median listing price for houses is $1,175,000 and this has changed NA over the past year and changed 6.81% over 2 years.

The median rent in Cumberland Park for houses is $645 per week and the median rental yield is 2.85%. Stock on the market for houses/townhouses has changed 50.00% compared to last year and the average time to sell a house/townhouse is 24 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Cumberland Park is $450 per week, producing a rental yield of NA.

Supply & Demand in Cumberland Park, Mitcham

0.44%

Current vacancy rate


5

Rental stock available


2,496

Population


21.40%

Rental population


0.34%

Current vacancy rate


96

Rental stock available


64,806

Population


17.93%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Cumberland Park, Mitcham

  House Townhouses Units
Median listing price $1,175,000 NA NA
Median price change - last quarter NA NA NA
Median price change - 1 year NA NA NA
Median price change - 2 years 6.81% NA NA
  House Townhouses Units
Median weekly rent $645 NA $450
Median yield % 2.85% NA NA
Median rent change - 1 year 19.44% NA 7.14%
  House Units
Previous month sales 7 0
Stock on market previous month 6 0
Stock variance vs. last year 50.00% -100.00%
Average days on market 24 NA

Cumberland Park investment property listings

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