Penfield Gardens
SA, 5121 - Playford

Thinking about buying in Penfield Gardens? Now could not be a better time, with just 218 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $634,000 with prices in this suburb ranging from $411,000 to $1,836,000. Penfield Gardens is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $280.00
Median Monthly Mortgage $1487.00
Median Persons Per Bedroom 0.80
Average Household Size 2.50
Average Age 41.50
Average Income $698.00
Average Cars Per Dwelling 2.12
Average Properties Within 50M 1

Housing Stock

Average Property Prices

3 Bed  $779,000
4 Bed  $1,059,000

Penfield Gardens 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 Penfield Gardens due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Penfield Gardens provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Penfield Gardens

Ray White 937 HEASLIP RD, PENFIELD GARDENS, SA, 5121 Beds6 Bathrooms3 Parking 7 2500000

Local Schools

Angle Vale Primary School

Trinity College Gawler River

(While the above schools are located with the suburb of Penfield 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.

Penfield Gardens weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Macdonald ParkPenfieldVirginiaAngle ValeAndrews FarmEyreMunno Para WestPara WirraLewistonElizabeth Field

Public Transport

General Points of Interest

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