SOLD
Sold on 12 Jan 2024 for $1,455,000

23 Somerset Avenue
Cumberland Park SA 5041

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 673m2
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Property Details for 23 Somerset Ave, Cumberland Park

23 Somerset Ave, Cumberland Park is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 673m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Cumberland Park in the last 12 months.

Building Type
House
Year Built
1925
Land Size
673m2
Local Government
Mitcham
Lot/Plan
A144/D2114

Property History for 23 Somerset Ave, Cumberland Park, SA 5041

A timeline of how this property has performed in the market
Last Sold
$1,455,000
12 Jan 2024
  • 12 Jan 2024
    Sold for $1,455,000

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About Cumberland Park 5041

The size of Cumberland Park is approximately 1 square kilometres. It has 1 park covering nearly 3% of total area. The population of Cumberland Park in 2011 was 2,484 people. By 2016 the population was 2,488 showing a population growth of 0.2% in the area during that time. The predominant age group in Cumberland Park is 40-49 years. Households in Cumberland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cumberland Park work in a professional occupation. In 2011, 71.6% of the homes in Cumberland Park were owner-occupied compared with 71.4% in 2016.

Cumberland Park has 1,122 properties. Over the last 5 years, Houses in Cumberland Park have seen a 90.73% increase in median value, while Units have seen a 72.90% increase. As at 30 November 2024:

  • The median value for Houses in Cumberland Park is $1,376,615 while the median value for Units is $578,612.
  • Houses have a median rent of $680 while Units have a median rent of $460.
There are currently 4 properties listed for sale, and 1 property listed for rent in Cumberland park on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Cumberland park.

Suburb Insights for Cumberland Park 5041

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LJ Hooker Glenelg
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.