Somerton Park, SA 5044

Somerton Park, SA 5044

Compare Part of Holdfast Bay

10.67 km
Distance from CBD
10 k
Population

Auction Times

Sat 26 Jun
Auction Time Agency
3 Whyte Street
4 3 3 House
12:00 PM
Sat 26th Jun
Harris Real Estate Pty Ltd
72 Oaklands Road
3 2 2 House
1:00 PM
Sat 26th Jun
Belle Property
Sat 3 Jul
Auction Time Agency
10 Panton Crescent
3 1 2 House
12:00 PM
Sat 3rd Jul
Ray White (RLA 184782)
Median Sale Price
House
$975K
Updated on Apr 2021
2 BR
$540K
3 BR
$833K
4 BR
$1.07M
Unit
$415K
Updated on Apr 2021
1 BR
$215K
2 BR
$386K
3 BR
$1.5M
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$570,000
0.0% $285,000 $2,275,000 62
2010
$590,000
+3.4% $365,000 $1,625,000 75
2011
$720,000
+18.1% $295,000 $2,760,000 58
2012
$617,500
-16.6% $275,000 $4,500,000 88
2013
$611,500
-1.0% $250,000 $3,000,000 115
2014
$675,000
+9.4% $275,000 $2,850,000 94
2015
$790,500
+14.6% $390,000 $2,650,000 96
2016
$750,000
-5.4% $409,000 $2,850,000 80
2017
$735,000
-2.0% $350,000 $2,449,205 72
2018
$860,000
+14.5% $362,500 $3,075,000 75
2019
$957,000
+10.1% $472,500 $2,700,000 89
2020
$1,050,000
+8.9% $400,000 $2,600,000 78
2021
$995,000
-5.5% $431,260 $2,750,000 40
Median Sale Price
$995K
Based on 87 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+2.8%
Current Median Price: $995,000
Previous Median Price: $967,500
Based on 169 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
$498
Updated on May 2021
2 BR
$395
3 BR
$500
4 BR
$700
Unit
$320
Updated on May 2021
1 BR
$280
2 BR
$320
3 BR
$473
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$400
0.0% $250 $900 41
2012
$390
-2.6% $255 $1,300 44
2013
$450
+13.3% $245 $1,600 54
2014
$390
-15.4% $295 $850 51
2015
$440
+11.4% $295 $1,300 87
2016
$420
-4.8% $215 $1,000 87
2017
$470
+10.6% $240 $950 84
2018
$430
-9.3% $230 $1,000 72
2019
$480
+10.4% $280 $960 63
2020
$480
0.0% $300 $1,250 62
2021
$600
+20.0% $270 $1,200 35
Median Rent Price
$520
per week
Based on 64 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
+5.8%
Current Median Rent: $520
Previous Median Rent: $490
Based on 137 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $995,000
Current Median rent: $520
Based on 151 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 Somerton Park

Houses sold in Last 12 months ends 19 Jun 2021

$1.55M

Median Sale Price

67%

Clearance Rate

6/9

Sold/Reported

$2.2M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.4 M - $1.6 M
(Median Price Range)
1
$1.2 M - $1.4 M 1
$800 K - $1 M 1

Similar Suburbs to Somerton Park 5044

Based on median house sale price sold in last 12 months

Schools closest to Somerton Park, SA 5044

School name Address Type Sector Distance
Brighton Secondary SchoolTop 100 BRIGHTON ROADNorth Brighton 5048 Secondary Government 0.79 km
Paringa Park Primary SchoolTop 100 BOWKER STREETNorth Brighton 5048 Primary Government 0.79 km
Glenelg Primary School DIAGONAL ROADGlenelg East 5045 Primary Government 1.34 km
St Peter's Woodlands Grammar SchoolTop 50 39 PARTRIDGE STREETGlenelg 5045 Primary Independent 1.44 km
Marymount CollegeTop 50 COLTON AVENUEHove 5048 Combined Catholic 1.71 km
St Mary's Memorial SchoolTop 50 16 MILTON STGlenelg 5045 Primary Catholic 1.8 km
Warradale Primary School KEYNES AVENUEWarradale 5046 Primary Government 1.64 km
Our Lady of Grace School 38 BEADNALL TCEGlengowrie 5044 Primary Catholic 1.78 km
Brighton Primary School HIGHET AVENUEBrighton 5048 Primary Government 2.19 km
Christ the King School 126 DUNROBIN ROADWarradale 5046 Primary Catholic 2 km