SOLD
Sold on 19 Apr 2024 for $880,000

Paringa Avenue
Somerton Park SA 5044

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 135m2
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About Somerton Park 5044

The size of Somerton Park is approximately 2.3 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Somerton Park in 2011 was 5,387 people. By 2016 the population was 5,544 showing a population growth of 2.9% in the area during that time. The predominant age group in Somerton Park is 50-59 years. Households in Somerton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerton Park work in a professional occupation. In 2011, 65% of the homes in Somerton Park were owner-occupied compared with 68.3% in 2016.

Somerton Park has 2,995 properties. Over the last 5 years, Houses in Somerton Park have seen a 88.32% increase in median value, while Units have seen a 83.61% increase. As at 31 October 2024:

  • The median value for Houses in Somerton Park is $1,744,668 while the median value for Units is $708,781.
  • Houses have a median rent of $690 while Units have a median rent of $500.
There are currently 17 properties listed for sale, and 4 properties listed for rent in Somerton park on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Somerton park.

Suburb Insights for Somerton Park 5044

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


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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.