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Somerton Park, SA 5044
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,200,000
market range $1.1M-$2.5M
Median Unit
$770,000
market range $725K-$850K
Gross Yield (houses)
1.9%
1yr Growth (houses)
+14.9%
market range +0.0% to +27.5%
Investment snapshot for Somerton Park
Somerton Park has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Somerton Park market and investor summary
Somerton Park (SA 5044) runs a median house price of $2.2M, with houses yielding a gross 1.9%. House prices have moved +14.9% over the past year. At 1.3% 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 1.9% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.
Living in Somerton Park: people, income and schools
Somerton Park has a resident population of roughly 5,811, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and families account for 63% of households.
Households here earn a median of about $85,000 a year, or roughly $1,630 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 25.9 times local household income, so affordability is a genuine constraint on local buyers.
There are 36 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 11 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 61 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 5,811
- +6% over 5yr
- Median age
- 48 years
- Median household income
- $85,000/yr
- Households renting
- 24%
- Family households
- 63%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 36
- avg ICSEA 1080
- Unemployment
- 2.2%
- Distance to CBD
- 11 km
- Walk score
- 61/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Somerton Park
View all →Frequently asked questions about Somerton Park
What should I check before investing in Somerton Park?
Somerton Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +14.9% in the past year shows strong recent price momentum. Tight rental market (1.3% 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 Somerton Park?
The median property price in Somerton Park, SA 5044 is $2.2M for houses and $770K for units.
What rental yield does Somerton Park show?
The gross rental yield in Somerton Park is 1.9% for houses and 3.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Somerton Park?
House prices in Somerton Park are up 14.9% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Somerton Park?
The current vacancy rate in Somerton Park is 1.3%. 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 Somerton Park?
Somerton Park has a population of approximately 5,811 residents, with a median age of 48.
What schools are near Somerton Park?
There are 36 schools within roughly 5km of Somerton Park. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Somerton Park affordable to buy in?
A median house in Somerton Park costs about 25.9 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 Somerton Park's population growing?
The population of Somerton Park has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Somerton Park from the CBD?
Somerton Park is about 11 km from the CBD.
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