Median Sale Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $1,265,000 | +13.8% | $875,000 | $1,692,000 | 23 |
Median Sale Price
$1.27M
Based on 23 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
+5.1%
Current Median Price: $1,265,000
Previous Median Price: $1,200,000
Based on 44 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $410 | +2.4% | $310 | $750 | 37 |
| 2016 | $420 | +2.4% | $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 | $950 | 20 |
Median Rent Price
$585
per week
Based on 21 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
-1.7%
Current Median Rent: $585
Previous Median Rent: $595
Based on 40 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,265,000
Current Median rent: $585
Based on 44 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)
Auction Results For Cumberland Park
Houses sold in Last 12 months ends 2 Dec 2023
$1.07M
Median Sale Price
84%
Clearance Rate
5/6
Sold/Reported
$1.27M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 2 | |
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 |