Somerton Park, SA 5044
Compare Part of Holdfast Bay
10.67 km
Distance from Adelaide CBD
10 k
Population
Median Sale Price
House
$950K
Updated on Feb 2021
2 BR $470K | 3 BR $911K | 4 BR $1.19M |
Unit
$400K
Updated on Feb 2021
1 BR $360K | 2 BR $375K | 3 BR $1.2M |
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 | $975,000 | -7.7% | $457,000 | $2,750,000 | 22 |
Median Sale Price
$990K
Based on 79 recorded sales within the last 12 months
Updated on 17 Apr 2021
Suburb Growth
+3.3%
Current Median Price: $990,000
Previous Median Price: $957,500
Based on 163 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$470
Updated on Mar 2021
2 BR $395 | 3 BR $490 | 4 BR $690 |
Unit
$320
Updated on Mar 2021
1 BR $260 | 2 BR $330 | 3 BR $425 |
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% | $385 | $1,200 | 22 |
Median Rent Price
$480
per week
Based on 65 recorded rent within the last 12 months
Updated on 17 Apr 2021
Rent Price Growth
-2.1%
Current Median Rent: $480
Previous Median Rent: $490
Based on 129 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $990,000
Current Median rent: $480
Based on 144 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Somerton Park
Houses sold in Last 12 months ends 10 Apr 2021
$1.35M
Median Sale Price
40%
Clearance Rate
2/5
Sold/Reported
$1.35M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M (Median Price Range) | 1 | |
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 |