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Investment Property Somerton Park, SA, 5044

Suburb Snapshot

Somerton Park is a suburb in the Holdfast Bay Region of South Australia. Somerton Park has a population of 5,536 people and 24.60% of its occupants live in rental accommodation. The median listing price for houses is $1,550,000 and this has changed 27.83% over the past year and changed 40.90% over 2 years.

The median rent in Somerton Park for houses is $720 per week and the median rental yield is 2.41%. Stock on the market for houses/townhouses has changed 5.26% compared to last year and the average time to sell a house/townhouse is 96 days.The median listing price for units is $599,000 and this has changed 24.79% over the past year. The average unit takes 23 days to sell and the median rent for a unit in Somerton Park is $470 per week, producing a rental yield of 4.08%.

Supply & Demand in Somerton Park, Holdfast Bay

0.56%

Current vacancy rate


16

Rental stock available


5,536

Population


24.60%

Rental population


0.66%

Current vacancy rate


129

Rental stock available


35,363

Population


27.53%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Somerton Park, Holdfast Bay

  House Townhouses Units
Median listing price $1,550,000 NA $599,000
Median price change - last quarter 0.33% NA 0.33%
Median price change - 1 year 27.83% NA 24.79%
Median price change - 2 years 40.90% NA 52.80%
  House Townhouses Units
Median weekly rent $720 NA $470
Median yield % 2.41% NA 4.08%
Median rent change - 1 year 17.07% NA 11.90%
  House Units
Previous month sales 16 5
Stock on market previous month 20 7
Stock variance vs. last year 5.26% 0.00%
Average days on market 96 23

Somerton Park investment property listings

Showing 5 of 43 investment properties found in Somerton Park on realestateinvestar.com.au

21 Hamilton St, Somerton Park

$2,355,000

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Find home: where contemporary design meets coastal living

Positioned on a low-maintenance corner allotment in a quiet tightly held location, this modern 4 bedroom residence offers a refined coastal lifestyle just moments from the beach. Located on the beachside of King George Avenue, it combines a coastal lifestyle with easy access to some of Adelaide's ...

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SA 5044


2B Eton Rd, Somerton Park

$1,850,000

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A Coastal Home Designed for Living on Every Level.

There's a different rhythm to life here - where mornings begin upstairs in light-filled living, afternoons drift between balcony and pool, and every level of the home offers its own place to gather, retreat, or simply unwind. Built in 2023 and thoughtfully designed across two levels, this ...

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SA 5044


21 Byre Ave, Somerton Park

$1,600,000

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Exceptional opportunity to secure this tightly held corner locat

Same Owner since 1993 Central location with easy access to main roads 3 vehicle access doors Numerous 3 phase power outlets Reception area Off Street parking 2 toilets Purchaser will receive vacant possession at settlement Specifications: CT /5081/967 Council / Holdfast Bay Zoning / E Land / 553m2 ...

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Commercial

SA 5044


11a & 11b Muriel Ave, Somerton Park

$1,000,000

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Where Style Meets Convenience Coming Soon

First National Lewis Prior takes pride in presenting this property to the market. Offering a choice of two brand-new homes, this is a rare opportunity to secure a quality-built residence designed for modern, low-maintenance living. Thoughtfully planned and beautifully finished, each home delivers ...

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SA 5044


37 Tarlton St, Somerton Park

$2,490,000

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Elevated Elegance, just 300m from Somerton's Shoreline.

Best Offers By 25/5 at 1pm - Unless Sold Prior Built to establish a refined coastal retreat within one of Somerton Park's most desirable pockets, this four-bedroom residence by AMS Built delivers a confident expression of modern luxury mere metres from the shoreline. From its striking street ...

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SA 5044


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