Cumberland Park SA 5041

Here you can find what you need to know about Cumberland Park, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$716k Median Sale Price (National Average $485k) 80th In SA
-1.24% Median Price Change (1 yr) (National Average 4.30%) 1360th In SA
$440pw Median Rent (National Average $395) 100th In SA
3.2% Median Gross Yield (National Average 4.24%) 364th In SA
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Cumberland Park, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Cumberland Park, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Cumberland Park, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Cumberland Park


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Latest Auction Results for Cumberland Park as at 16 June 2019

Property Details
Sale Price
3Bed / 2Bath / Car / House
-

State Auction Clearance Rates - June 2019

Auctions Clearance rate
SA 80 47%
ACT 39 49%
NSW 534 66%
NT 4 0%
QLD 93 40%
VIC 724 65%
WA 35 35%

Local Schools


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Suburb Information

Cumberland Park, SA 5041

Part of: Mitcham Council No data available

The size of Cumberland Park is approximately 1 square kilometres. It has 1 park covering nearly 2.8% of total area. The population of Cumberland Park in 2011 was 2,484 people. By 2016 the population was 2,488 showing a population growth of 0.2% in the area during that time. The predominant age group in Cumberland Park is 40-49 years. Households in Cumberland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cumberland Park work in a professional occupation. In 2011, 71.6% of the homes in Cumberland Park were owner-occupied compared with 71.4% in 2016. (source: Australian Bureau of Statistics)

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Demographic data provided
by Australian Bureau of Statistics


Market Trends for Cumberland Park   for Houses in last 12 months


There have been 38 Houses sold in Cumberland Park in the past 12 months with a median sale price of $730K, up annually. It takes on average 47 days to sell with vendor discounting of -3.19%.

Streets in Cumberland Park


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