27 Somerset Avenue

Redwood Park SA 5097

The size of Redwood Park is approximately 2.3 square kilometres. It has 13 parks covering nearly 10.5% of total area. The population of Redwood Park in 2011 was 5,367 people. By 2016 the population was 5,412 showing a population growth of 0.8% in the area during that time. The predominant age group in Redwood Park is 50-59 years. Households in Redwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redwood Park work in a professional occupation. In 2011, 86.3% of the homes in Redwood Park were owner-occupied compared with 86.2% in 2016.

Redwood Park has 2,283 properties. Over the last 5 years, Houses in Redwood Park have seen a 92.12% increase in median value, while Units have seen a 100.87% increase. As at 31 October 2024:

• The median value for Houses in Redwood Park is $740,727 while the median value for Units is $559,372.
• Houses have a median rent of $570.