Real Estate Korunye, SA, 5502 Adelaide Plains

Thinking about buying in Korunye? Now could not be a better time, with just 165 residential dwellings it's a highly sought after location.

The average property price for this area is $481,000 with prices in this suburb ranging from $260,000 to $702,000.

Distance to the coast is 8 Km.

Instant Valuation

Korunye Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Korunye due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Korunye 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 Korunye to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Korunye the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

Household makeup

Median Weekly Rent $280.00
Median Monthly Mortgage $1528.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 40.00
Average Income $791.00
Average Cars Per Dwelling 2.76
Average Properties Within 50M 1.00

Typical Property Prices

3 Bed$419,950

Housing Stock

Houses for sale Korunye

Elders Real Estate 357 PRATT RD, KORUNYE, SA, 5502 3 1

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Korunye weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.817.130.927.371.44.727.3
Feb1.416.929.631.373.44.423.5
Mar0.514.527.132.077.04.218.7
Apr1.212.023.337.980.84.013.5
May1.59.719.149.486.54.010.8
Jun1.76.816.156.790.44.09.2
Jul1.66.415.756.090.44.59.4
Aug1.46.216.350.488.94.512.1
Sept1.38.419.942.586.95.017.0
Oct0.910.623.434.082.64.821.5
Nov0.713.126.628.677.85.026.2
Dec0.815.429.226.872.45.128.0

source: Australian Government Bureau of Meteorology



Internet Speed

Fixed Wireless

Satellite


Nearby Suburbs

RedbanksTwo WellsReeves PlainsMiddle BeachMallalaFischerLower LightLewistonWoolshedsPinkerton Plains

Public Transport

Gawler Racecourse - Greater then 10KM Evanston - Greater then 10KM Kudla - Greater then 10KM Munno Para - Greater then 10KM Smithfield Railway Station - Greater then 10KM Tambelin - Greater then 10KM Gawler - Greater then 10KM Broadmeadows - Greater then 10KM Gawler Central - Greater then 10KM Gawler Oval - Greater then 10KM

General Points of Interest

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