Auction Times
Sat 19 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 41 Somerset Avenue 4 2 2 House | 9:00 AM Sat 19th Jun | Harris Real Estate Pty Ltd |
 | 74 Somerset Avenue 4 2 6 House | 12:30 PM Sat 19th Jun | Ouwens Casserly |
Sat 26 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 58 Kyeema Avenue 4 1 3 House | 11:00 AM Sat 26th Jun | Century 21 Central |
Median Sale Price
House
$810K
Updated on Apr 2021
2 BR $735K | 3 BR $800K | 4 BR $977K |
Unit
$305K
Updated on Apr 2021
1 BR - | 2 BR $305K | 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 | 37 |
| 2010 | $575,000 | +13.0% | $100,000 | $870,000 | 36 |
| 2011 | $530,000 | -8.5% | $406,000 | $857,000 | 32 |
| 2012 | $541,000 | +2.0% | $410,000 | $760,000 | 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 | $900,000 | +13.3% | $570,000 | $1,257,000 | 11 |
Median Sale Price
$785K
Based on 25 recorded sales within the last 12 months
Updated on 14 Jun 2021
Suburb Growth
+8.3%
Current Median Price: $785,000
Previous Median Price: $720,000
Based on 51 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$425
Updated on May 2021
2 BR $360 | 3 BR $425 | 4 BR $568 |
Unit
$300
Updated on May 2021
1 BR $290 | 2 BR $300 | 3 BR $380 | 4 BR $480 |
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 | $415 | +1.2% | $340 | $750 | 22 |
| 2017 | $400 | -3.8% | $230 | $660 | 28 |
| 2018 | $500 | +20.0% | $250 | $850 | 25 |
| 2019 | $400 | -25.0% | $265 | $790 | 23 |
| 2020 | $425 | +5.9% | $290 | $795 | 19 |
| 2021 | $600 | +29.2% | $460 | $610 | 4 |
Median Rent Price
$430
per week
Based on 14 recorded rent within the last 12 months
Updated on 14 Jun 2021
Rent Price Growth
-4.7%
Current Median Rent: $430
Previous Median Rent: $450
Based on 37 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $785,000
Current Median rent: $430
Based on 39 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Cumberland Park
Houses sold in Last 12 months ends 12 Jun 2021
$930K
Median Sale Price
100%
Clearance Rate
4/4
Sold/Reported
$969K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M (Median Price Range) | 2 | |
| $600 K - $800 K | 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 |