Auction Times
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 6 Farah Place 2 1 6 House | 11:00 AM Sat 4th May | Harcourts VennMillar |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $500,000 | 0.0% | $382,500 | $1,000,000 | 38 |
| 2010 | $575,000 | +13.0% | $100,000 | $870,000 | 36 |
| 2011 | $530,000 | -8.5% | $406,000 | $857,000 | 32 |
| 2012 | $545,000 | +2.8% | $410,000 | $749,000 | 29 |
| 2013 | $543,000 | -0.4% | $468,000 | $690,000 | 41 |
| 2014 | $591,000 | +8.1% | $402,500 | $1,137,000 | 32 |
| 2015 | $643,500 | +8.2% | $410,000 | $905,000 | 29 |
| 2016 | $673,000 | +4.4% | $462,000 | $1,050,000 | 20 |
| 2017 | $750,000 | +10.3% | $395,000 | $1,030,000 | 23 |
| 2018 | $715,000 | -4.9% | $550,000 | $1,440,000 | 29 |
| 2019 | $770,000 | +7.1% | $616,000 | $1,340,000 | 35 |
| 2020 | $780,000 | +1.3% | $374,000 | $977,000 | 22 |
| 2021 | $975,000 | +20.0% | $570,000 | $1,830,000 | 36 |
| 2022 | $1,090,000 | +10.6% | $600,000 | $1,900,000 | 18 |
| 2023 | $1,200,000 | +9.2% | $840,000 | $1,692,000 | 25 |
| 2024 | $1,722,000 | +30.3% | $972,000 | $1,722,000 | 3 |
Median Sale Price
$1.08M
Based on 20 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-11.4%
Current Median Price: $1,077,500
Previous Median Price: $1,200,000
Based on 41 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $380 | 0.0% | $280 | $600 | 20 |
| 2012 | $420 | +9.5% | $315 | $650 | 17 |
| 2013 | $380 | -10.5% | $270 | $550 | 29 |
| 2014 | $400 | +5.0% | $325 | $520 | 15 |
| 2015 | $415 | +3.6% | $310 | $750 | 37 |
| 2016 | $420 | +1.2% | $340 | $750 | 22 |
| 2017 | $400 | -5.0% | $230 | $660 | 28 |
| 2018 | $510 | +21.6% | $250 | $850 | 25 |
| 2019 | $415 | -22.9% | $285 | $790 | 23 |
| 2020 | $425 | +2.4% | $290 | $795 | 19 |
| 2021 | $480 | +11.5% | $310 | $660 | 22 |
| 2022 | $620 | +22.6% | $390 | $1,000 | 19 |
| 2023 | $585 | -6.0% | $450 | $1,200 | 23 |
| 2024 | $690 | +15.2% | $530 | $800 | 3 |
Median Rent Price
$690
per week
Based on 17 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+14.5%
Current Median Rent: $690
Previous Median Rent: $590
Based on 40 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $1,077,500
Current Median rent: $690
Based on 37 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Cumberland Park
Houses sold in Last 12 months ends 20 Apr 2024
$1.04M
Median Sale Price
100%
Clearance Rate
4/4
Sold/Reported
$1.07M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 2 | |
| $800 K - $1 M | 1 | |
Similar Suburbs to Cumberland Park 5041
Based on median house sale price sold in last 12 months
Schools closest to Cumberland Park, SA 5041
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Cabra Dominican CollegeTop 100 | 225 CROSS RDCumberland Park 5041 | Combined | Catholic | 0.22 km |
| Westbourne Park Primary SchoolTop 50 | MARLBOROUGH ROADWestbourne Park 5041 | Primary | Government | 0.37 km |
| St Thomas SchoolTop 50 | 10 RUSHTON STREETGoodwood 5034 | Primary | Catholic | 1.48 km |
| Coorabie RS-Annexe of Penong PS | Coorabie 5690 | Primary | Government | 1.52 km |
| Goodwood Primary School | GOODWOOD ROADGoodwood 5034 | Primary | Government | 1.71 km |
| Edwardstown Primary School | MARIA STREETMelrose Park 5039 | Primary | Government | 1.63 km |
| Black Forest Primary SchoolTop 100 | SOUTH ROADBlack Forest 5035 | Primary | Government | 1.56 km |
| St Anthony's School | CASTLE STEdwardstown 5039 | Primary | Catholic | 1.54 km |
| Colonel Light Gardens Primary SchoolTop 100 | WINDSOR AVENUEColonel Light Gardens 5041 | Primary | Government | 2.29 km |
| Walford Anglican School for GirlsTop 10 | 316 UNLEY ROADHyde Park 5061 | Combined | Independent | 2 km |