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Aberfoyle Park suburb profile

Aberfoyle Park is a picturesque suburb located in the southern foothills of Adelaide, South Australia. Known for its family-friendly atmosphere, the suburb offers a harmonious blend of natural beauty and modern amenities. Residents enjoy access to numerous parks, walking trails, and the nearby Sturt Gorge Recreation Park, making it ideal for outdoor enthusiasts. Aberfoyle Park boasts a range of educational facilities, shopping centers, and community services, catering to the needs of its diverse population. With its peaceful environment and convenient access to the city, Aberfoyle Park remains a popular choice for families and individuals seeking a balanced lifestyle.

Aberfoyle Park property market performance

Aberfoyle Park's property market has shown strong growth in the housing sector over the past 12 months, with house values increasing by 13.1%. The current median house price stands at $833,000. However, the unit market remains inactive, with no change in median unit value and a median unit price of $0.

In terms of sales activity, 40 houses were sold over the last 12 months, while only 3 units were sold, indicating a stronger demand for houses. Houses are spending a median of 55 days on the market, reflecting a moderate pace of sales.

The rental market for houses in Aberfoyle Park has also seen growth, with average rent increasing by 8.0% over the last 12 months to $605. The unit rental market remains inactive, with no recorded changes.

HousesUnits
Median price
Past 3 months
$833KN/A
Change in value
Past 12 months
13.1%N/A
Sold
Past 3 months
403
Median days on market
Past 12 months
55N/A
Average rent
Past 12 months
$605N/A
Change in rent
Past 12 months
8.0%N/A

5 year median price trend for houses and units

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Aberfoyle Park demographics

Aberfoyle Park, located in the southern suburbs of Adelaide, is a family-friendly area known for its leafy streets and community-oriented lifestyle. With a population of 11,234 and a median age of 42, it is a suburb that appeals to both families and those seeking a quieter, more settled environment. The suburb's proximity to natural reserves and parks makes it an attractive choice for those who enjoy outdoor activities and a relaxed pace of life.

The housing market in Aberfoyle Park is predominantly owner-occupied, with 35.2% of properties owned outright and 49.9% owned with a mortgage. This high rate of home ownership reflects the suburb's appeal to families and long-term residents looking for stability. Rental properties make up only 14.9% of the housing market, indicating a strong preference for home ownership in the area.

Family dynamics in Aberfoyle Park are diverse, with 44.6% of households being couple families with children and 39.5% being couple families without children. One-parent families account for 15.2% of the community, highlighting the suburb's inclusive nature. The median total household income of $1,765 per week suggests a comfortable standard of living, supported by local amenities, schools, and shopping centers that cater to the needs of its residents. Overall, Aberfoyle Park offers a balanced lifestyle with a strong sense of community, making it a desirable place to call home.

Aberfoyle Park infrastructure, key developments and investment opportunities

Aberfoyle Park continues to benefit from established amenities, including "The Hub" shopping mall and a range of primary schools as well as a public high school considered one of the largest in the state, supporting sustained demand from families and reinforcing the suburb’s stable property market. Public transport remains reliable, with Adelaide Metro bus routes connecting residents directly to the city centre, supporting commuter access and local connectivity[1][7].

Currently, there are no major new infrastructure, redevelopment, or council planning initiatives reported that would significantly impact property values or market activity in Aberfoyle Park at this time. The suburb’s hilly terrain, proximity to green spaces, and established family-oriented demographic profile continue to underpin its desirability among home buyers[1][4][5].

Aberfoyle Park rental market trends

The rental market in Aberfoyle Park has experienced growth, with house rents increasing by 8% over the past year to $605 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Aberfoyle Park continues to attract interest due to its suburban charm and family-friendly environment.

Suburbs near Aberfoyle Park

Some popular suburbs near Aberfoyle Park include:

How does Aberfoyle Park compare to nearby suburbs?

  • Median house prices: Aberfoyle Park’s median house price is 4.0% higher than Happy Valley’s.
  • House price growth: Over the past 12 months, house prices in Aberfoyle Park have grown 4.2% higher than in Happy Valley.
  • Selling speed for houses: Properties in Aberfoyle Park are selling 5.2% faster than in Blackwood.
  • House price growth: Over the past 12 months, house prices in Aberfoyle Park have grown 9.8% lower than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Aberfoyle Park have grown 33.2% higher than the average rate of growth for units across Adelaide.

Common questions about Aberfoyle Park

  • Is Aberfoyle Park a nice place to live?

    Aberfoyle Park is a delightful suburb that offers a charming blend of tranquility and convenience, making it a wonderful place to live. Nestled in the southern foothills, it provides a serene environment with its leafy streets and abundant green spaces. The suburb is known for its welcoming, family-friendly vibe, which is enhanced by the strong sense of community among its residents. With a variety of parks and walking trails, Aberfoyle Park is perfect for those who enjoy outdoor activities and a relaxed lifestyle.

    Families are particularly drawn to Aberfoyle Park due to its excellent educational facilities and community services. The presence of several schools and local amenities ensures that all family needs are well catered for. The suburb's proximity to shopping centers and reliable public transport options, including direct bus routes to the city, adds to its appeal, offering both convenience and connectivity for daily commuting and leisure activities.

    While Aberfoyle Park offers a peaceful and stable environment, it does come with some trade-offs. The suburb's hilly terrain can be a consideration for those who prefer flat landscapes, and the lack of major new infrastructure projects might mean fewer changes in the near future. However, the established amenities and the suburb's natural beauty more than compensate for these factors, making it a desirable choice for those seeking a balanced lifestyle.

    Safety is generally not a concern in Aberfoyle Park, contributing to its reputation as a secure and pleasant place to raise a family. Although it may not have the bustling nightlife of inner-city areas, its community-oriented lifestyle and access to nature provide a fulfilling living experience. Overall, Aberfoyle Park is a charming suburb that offers a harmonious blend of natural beauty and modern convenience, making it a lovely place to call home.

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  • Is it expensive to live in Aberfoyle Park?

    Living in Aberfoyle Park can be considered moderately expensive, especially when examining the housing market. The current median house price is $833,000, which can be a significant investment for many. For renters, the average rent for houses is around $605 per week, which is a substantial amount when compared to the average household income in the area.

    The average wage in Aberfoyle Park is approximately $71,000 per year. When you compare this to the median total household income of $1,765 per week, it suggests that many households rely on dual incomes to maintain a comfortable lifestyle. This income level is fairly typical for the region, but the cost of housing does take a large chunk out of the budget.

    Overall, while Aberfoyle Park offers a pleasant suburban lifestyle with access to amenities and green spaces, the cost of housing can be a challenge for those on a single income or with lower earnings. If you are thinking of living in Aberfoyle Park, it's important to consider your financial situation carefully to ensure it aligns with the cost of living in this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Aberfoyle Park a good place to invest?

    Aberfoyle Park presents a promising opportunity for property investors, particularly those interested in houses. Over the past year, the suburb has experienced a significant 13.1% increase in median house values, indicating strong demand and potential for capital growth. This upward trend in house prices suggests that the area is becoming increasingly desirable, likely due to its appealing suburban lifestyle and amenities.

    In addition to the rise in house values, rental prices for houses in Aberfoyle Park have also increased by 8.0% over the last 12 months. This growth in rental income potential makes the suburb attractive for investors seeking steady rental returns. While units have not seen the same level of growth in value or rent, the stability in these figures suggests a consistent market for those properties.

    Overall, Aberfoyle Park offers a solid investment opportunity, particularly for those focused on houses. The combination of rising property values and rental income, along with the suburb's family-friendly environment, makes it an appealing choice for investors looking for both capital appreciation and reliable rental returns.

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Choose the right real estate agents in Aberfoyle Park

Currently, there are 78 real estate agents working in Aberfoyle Park—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 78 agents sold 31.2% of all properties in Aberfoyle Park over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Aberfoyle Park typically charge a commission of 1.63% to 2.75%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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