Cherry Gardens
SA, 5157 - Onkaparinga

Thinking about buying in Cherry Gardens? Now could not be a better time, with just 278 residential dwellings it's a highly sought after location.

The average property price for this area is $1,308,000 with prices in this suburb ranging from $1,266,000 to $1,311,000.

Distance to the coast is 10 Km.

Household Makeup

Median Weekly Rent $348.67
Median Monthly Mortgage $2078.11
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 48.22
Average Income $885.33
Average Cars Per Dwelling 2.74
Average Properties Within 50M 2

Average Property Prices

4 Bed $1,307,000

Cherry Gardens Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Cherry Gardens driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cherry Gardens ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Cherry Gardens leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Cherry Gardens to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cherry Gardens we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cherry Gardens a better buying opportunity than it may have been in the past.

Housing Stock

Houses for sale Cherry Gardens

Harcourts 492 FRITH RD, CHERRY GARDENS, SA, 5157 Beds3 Bathrooms1 Parking 2 Auction Onsite 11:00am Saturday 9/03/24

Local Schools

Craigburn Primary School

Clarendon Primary School

(While the above schools are located with the suburb of Cherry Gardens there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Cherry Gardens weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Coromandel EastIronbankScott CreekCoromandel ValleyChandlers HillAberfoyle ParkHawthorndeneUpper SturtClarendonDorset Vale

Public Transport

General Points of Interest

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