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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 $1,200,000 and this has changed 9.09% over the past year and changed 35.59% over 2 years.

The median rent in Somerton Park for houses is $605 per week and the median rental yield is 2.62%. Stock on the market for houses/townhouses has changed -24.00% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $477,500 and this has changed 21.81% over the past year. The average unit takes 37 days to sell and the median rent for a unit in Somerton Park is $420 per week, producing a rental yield of 4.57%.

Supply & Demand in Somerton Park, Holdfast Bay

0.46%

Current vacancy rate


13

Rental stock available


5,536

Population


24.60%

Rental population


0.80%

Current vacancy rate


154

Rental stock available


35,363

Population


27.53%

Rental population


0.52%

Current vacancy rate


4,602

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 $1,200,000 NA $477,500
Median price change - last quarter 0.00% NA 0.52%
Median price change - 1 year 9.09% NA 21.81%
Median price change - 2 years 35.59% NA 22.43%
  House Townhouses Units
Median weekly rent $605 NA $420
Median yield % 2.62% NA 4.57%
Median rent change - 1 year -4.73% NA 5.00%
  House Units
Previous month sales 3 2
Stock on market previous month 19 5
Stock variance vs. last year -24.00% 0.00%
Average days on market 56 37

Somerton Park investment property listings

Showing 4 of 4 investment properties found in Somerton Park on realestateinvestar.com.au

23A Rossall Rd, Somerton Park

$2,250,000

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Secure spectacular coastal living in a Somerton Park game-change

Best Offers By Monday 6th of May at 10am (Unless Sold Prior). If you're in the market for a family home right by the beach that transforms your lifestyle, this brand new four-bedroom 2024 Torrens titled residence by Semble Property goes above and beyond the norm on Rossall Road. Raising the stakes ...

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SA 5044


4a Oxley St, Somerton Park

$2,055,000

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Coastal Luxury Redefined: Architecturally Designed Two-Storey Fa

Introducing 4a Oxley St, Somerton Park, an extraordinary residence that seamlessly blends elegance with modern comfort. Crafted by Fusion Property Developments and constructed by Creative Structures, this custom-designed masterpiece stands as a testament to exquisite craftsmanship, located within ...

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SA 5044


283 - 289 Somerton Waters, Somerton Park

$850,000

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Only 5 remaining! ~ Somerton Waters ~ Brand New, Exciting Living

Don't miss your only chance to buy now at off-plan prices and not pay until completion! With construction well underway, these 17 stunning luxury homes are great value buying, don't miss your chance to live in this prime location! Imagine coming home to your very own BRAND NEW designer townhouse, ...

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SA 5044


179 Brighton Rd, Somerton Park

$0

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Full-scale living seconds from the sought-after sands of Somerto

The very definition of entertainer, 179 Brighton Road takes strong mid-century bones and upscales them for contemporary living, creating something truly epic in the process. From front lounge with rich brick fireplace, to white-washed rear rumpus, to open plan family area, three vast living areas ...

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SA 5044


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