SOMERTON PARK 5044
State: SAPosiProp AI Investment Summary
SOMERTON PARK (SA 5044) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.3% and has experienced a 12-month capital growth of Up 33.3%, with a median house buy price of $2,200,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,455,000
$1,450,000
$2,370,000
$2,200,000
Suburb Market Profile
Last month Somerton Park had 17 properties available for rent and 34 properties for sale. Median property prices over the last year range from $2,200,000 for houses to $755,000 for units. If you are looking for an investment property, consider houses in Somerton Park rent out for $750 PW with an annual rental yield of 2.3% and units rent for $550 PW with a rental yield of 3.9%. Somerton Park has seen an annual compound growth rate of 33.3% for houses and 12.4% for units.