Thinking about buying in Somerton Park? Now could not be a better time, with 4126 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,320,000 with prices in this suburb ranging from $206,000 to $7,656,000. Somerton Park is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $344.78 |
Median Monthly Mortgage | $2050.33 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.22 |
Average Age | 49.11 |
Average Income | $907.89 |
Average Cars Per Dwelling | 1.78 |
Average Properties Within 50M | 30 |
1 Bed  $613,000 |
2 Bed  $615,000 |
3 Bed  $1,352,000 |
4 Bed  $1,931,000 |
5 Bed  $2,498,000 |
6 Bed+$1,616,000 |
Consistent high demand relative to supply is a key feature in Somerton Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Somerton Park 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. The high percentage of professional people in Somerton Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Somerton Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
UNIT 3, 13 WHYTE ST, SOMERTON PARK, SA, 5044 | 2 | 1 | 1 | 645,000 - 695,000 | |
81 DIAGONAL RD, SOMERTON PARK, SA, 5044 | 5 | 2 | 2 | $1.39-$1.49M Best Offer By Tues 1/10 @ 1pm (USP) | |
10 FAIRFIELD AV, SOMERTON PARK, SA, 5044 | 4 | 2 | 2 | $1,490,000-$1,590,000 | |
41 TARLTON ST, SOMERTON PARK, SA, 5044 | 4 | 3 | 4 | 3200000 |
Sacred Heart College
Paringa Park Primary School
Brighton Secondary School
Glenelg Primary School
Warradale Primary School
Our Lady of Grace School
St Peter's Woodlands Grammar School
Christ the King School
St Mary's Memorial School
Brighton Primary School
(While the above schools are located with the suburb of Somerton Park there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!