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Kings Park, SA 5034

Home » SA Real Estate Data » City of Unley, SA » Kings Park, SA 5034

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Kings Park, SA 5034 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Kings Park, SA 5034”

  1. The total adult population (15 years or older) of Kings Park 5034 SA is 508, with a median age of 55. Of those, 47.24% are married, 13.19% are divorced or separated, 28.94% are single and 9.84% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $10,800. The median monthly mortgage repayment for households in this suburb is $1,921 which is 17.79% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in SA, the suburb of Kings Park 5034 is a delightful residential area currently housing an estimated 328 families. With a direct focus on the Q3 2023 statistics relating to house prices, it’s clear that this neighbourhood has become a significant player in SA’s property market. The typical price for a house in this area currently stands at $1,242,074.

    The median weekly rent in Kings Park is $632, generating an indicative yield of 2.65%; although below the minimum desired 3%, it’s significant to remember that yield performance isn’t the only factor to consider when evaluating a property’s investment potential.

    The IRSAD score for the suburb is a solid 1079 out of 1217, signaling a high socio-economic status for its residents, and cultivates a more appealing environment for potential buyers or renters.
    Kings Park also features an encouraging renter to owner ratio of just 20%, contrary to suburbs with a saturation of rental properties, which might discourage long-term investment.

    Parallel to this, the area presents a units to houses ratio of 37%. A lower percentage of units generally goes in favour of a market, reducing competition among landlords hence sustaining higher rental yields. These factors, combined with the fact that suburbs with more houses tend to attract longer-tenure families, are indicators of Kings Park’s potential.

    The affordability index for houses in the suburb is, however, at a substantial 45 years. This may indicate decreased affordability, forming an obstacle for some potential home buyers.

    In terms of supply, the stock on market percentage for houses here is 1.19%. While on the higher side of the gauge, the inventory level is balanced at a fairly neutral 3.6 months, demonstrating that the market seems capable of absorbing new listings.

    The building approvals ratio for houses interestingly stands at 0.0%. This points to limited additional supply in the future which may further balance the supply-demand dynamics.

    The average days on market for houses in Kings Park is quite rapid at just 24 days, indicative of a strong demand. The vacancy rate stands at 1.52%, which is low and suggests high demand. Lastly, the buy search index for houses stands impressively at 10, markedly higher than average, demonstrating the suburb’s popularity among prospective buyers.

    Taken all together, Kings Park 5034 has an amalgamation of favourable and neutral metrics that could render it an attractive proposition for property investors and buyer’s agents, particularly those who can leverage high demand and limited supply aspects, and its high buy search index. As always, keeping abreast with continued market trends is key for realising the best investment opportunities.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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