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Kurralta Park, SA 5037

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,085,000

market range $625K-$1.2M

Median Unit

$540,000

market range $475K-$700K

Gross Yield (houses)

3.3%

1yr Growth (units)

+13.8%

market range +7.5% to +20.0%

Investment snapshot for Kurralta Park

Kurralta Park has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Kurralta Park market and investor summary

In Kurralta Park, SA 5037, the median house sells for around $1.1M, on a gross rental yield of 3.3% for houses. At 1.1% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.

Living in Kurralta Park: people, income and schools

Kurralta Park has a resident population of roughly 3,139, and the area has been growing steadily, up about 7% over five years. At a median age of 32, it reads as broadly working-age, with renters making up 51% of households.

The typical household income runs to around $82,000 a year (about $1,570 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 13.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.

Families have 69 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Kurralta Park sits about 4.0 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 63 for walkability and 19 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
3,139
+7% over 5yr
Median age
32 years
Median household income
$82,000/yr
Households renting
51%
Family households
57%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
69
avg ICSEA 1112
Unemployment
2.1%
Distance to CBD
4.0 km
Walk score
63/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Kurralta Park

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Frequently asked questions about Kurralta Park

What should I check before investing in Kurralta Park?

Kurralta Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Kurralta Park?

The median property price in Kurralta Park, SA 5037 is $1.1M for houses and $540K for units.

What rental yield does Kurralta Park show?

The gross rental yield in Kurralta Park is 3.3% for houses and 4.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Kurralta Park?

The current vacancy rate in Kurralta Park is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Kurralta Park?

Kurralta Park has a population of approximately 3,139 residents, with a median age of 32.

What schools are near Kurralta Park?

There are 69 schools within roughly 5km of Kurralta Park. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Kurralta Park affordable to buy in?

A median house in Kurralta Park costs about 13.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Kurralta Park's population growing?

The population of Kurralta Park has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Kurralta Park from the CBD?

Kurralta Park is about 4.0 km from the CBD.

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