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Athol Park suburb profile

Athol Park is a suburb located in the western suburbs of Adelaide, South Australia, approximately 10km from the city centre. Known for its industrial roots, Athol Park has undergone significant redevelopment, transforming into a residential area with a mix of modern housing and established homes. The suburb offers convenient access to local amenities, including shopping centres, schools, and parks, making it appealing for families and professionals. Its proximity to major transport routes ensures easy connectivity to the broader Adelaide region. Athol Park's evolving landscape and community-focused environment contribute to its growing popularity among residents.

Athol Park property market performance

Current median dwelling price$780,750Past 3 months

Property growth-1.5%Past 12 months

Athol Park's property market has shown some growth in house values over the past 12 months, with an increase of 7.6%. However, unit values have remained stagnant, showing no change. Despite the growth in house values, the median house price is currently not available, and no units have been sold in the past year.

The sales activity for houses has been minimal, with only 7 houses sold over the last 12 months. There is no data available for the median days on market for both houses and units, indicating a lack of recent sales activity or data collection in the area.

In terms of rental performance, the average rent for houses has increased by 2.6% over the last 12 months, reaching $600. However, there is no available data for unit rentals, suggesting limited activity or demand in the unit rental market in Athol Park.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
7.6%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$600N/A
Change in rent
Past 12 months
2.6%N/A

5 year median price trend for houses and units

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Athol Park demographics

Athol Park, located in the western suburbs of Adelaide, is a small yet vibrant community with a population of 2,023. The suburb is characterized by its diverse family structures and a median age of 34, indicating a youthful and dynamic population. With nearly half of the families being couple families with children, Athol Park is a family-friendly area that offers a supportive environment for raising children.

The suburb's housing landscape is varied, with a significant portion of properties being rented, accounting for 39.9% of the housing market. This suggests a level of flexibility and accessibility for those looking to move into the area. Meanwhile, 24.2% of properties are owned outright, and 35.9% are owned with a mortgage, reflecting a stable community with a mix of long-term residents and new homeowners.

Athol Park's median household income of $1,380 per week is indicative of a working-class suburb with a balanced economic profile. The area is well-suited for families, with a substantial proportion of couple families without children and one-parent families, making up 26.9% and 21.1% of the population, respectively. This diversity in family types contributes to a rich community fabric, offering a welcoming atmosphere for people from various backgrounds.

Athol Park infrastructure, key developments and investment opportunities

Athol Park continues to benefit from its role in the broader Westwood redevelopment, which has seen many older housing trust properties replaced with newer dwellings and improved streetscapes, lifting the overall presentation and appeal of the suburb.[4] Its location between the CBD and the coast, along with proximity to major retail at nearby centres such as Arndale, underpins demand from families and professionals seeking convenient access to jobs, shopping and services.[4]

There are currently no widely reported new transport corridors, school builds or major infrastructure projects specific to Athol Park beyond ongoing infill and renewal activity in the surrounding western suburbs.[4][5] As a result, the key drivers for the local property market remain its steady urban renewal, established amenity and relatively easy access to employment hubs, rather than any single new development likely to significantly alter prices in the short term.

Athol Park rental market trends

The rental market in Athol Park has experienced modest growth, with house rents increasing by 2.6% over the past year to $600 per week. However, unit rents have remained unchanged at $0 per week, indicating a potential lack of available units or demand in this segment. Athol Park continues to offer opportunities for those seeking affordable housing options in the area.

Suburbs near Athol Park

Some popular suburbs near Athol Park include:

How does Athol Park compare to nearby suburbs?

  • Median house prices: Athol Park’s median house price is 0.5% higher than Mansfield Park’s.
  • House price growth: Over the past 12 months, house prices in Athol Park have grown 1.7% higher than in Mansfield Park.
  • House price growth: Over the past 12 months, house prices in Athol Park have grown 8.7% lower than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Athol Park have grown 6.3% higher than the average rate of growth for units across Adelaide.

Common questions about Athol Park

  • Is Athol Park a nice place to live?

    Athol Park is a charming suburb that offers a delightful blend of modern living and community spirit. Nestled in the western suburbs of Adelaide, it provides a peaceful yet vibrant environment for its residents. The suburb's transformation from its industrial roots into a residential haven is evident in its mix of contemporary homes and established properties, making it an attractive choice for families and professionals alike. With convenient access to shopping centres, schools, and parks, Athol Park ensures that all essential amenities are within easy reach, enhancing the livability of the area.

    The suburb exudes a welcoming vibe, characterized by its diverse community and family-friendly atmosphere. Families will find Athol Park particularly appealing due to its supportive environment and the variety of housing options available, catering to both renters and homeowners. The community-focused nature of the suburb fosters a sense of belonging, making it an ideal place for raising children. Safety is generally not a major concern, contributing to the suburb's appeal for families seeking a secure and nurturing environment.

    While Athol Park offers many advantages, there are a few trade-offs to consider. The suburb's ongoing redevelopment means that some areas may still be undergoing construction, which could be a minor inconvenience for residents. Additionally, while it provides easy access to major transport routes, the absence of new transport corridors or major infrastructure projects may limit rapid connectivity improvements in the near future. However, the suburb's proximity to both the CBD and the coast ensures that residents can enjoy the best of both worlds, with easy access to employment hubs and recreational activities.

    Overall, Athol Park is a delightful place to live, offering a balanced lifestyle with its evolving landscape, community spirit, and convenient amenities. It is particularly well-suited for families and professionals seeking a supportive and accessible environment within the Adelaide region.

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  • Is it expensive to live in Athol Park?

    Living in Athol Park might not be as expensive as some other areas, especially when considering the rental market. With the average rent for houses sitting at $600 per week, it aligns reasonably well with the average full-time wage in Adelaide, which is about 100,000 AUD per year. This suggests that renting a house in Athol Park could be manageable for those earning around the average salary.

    However, the property market in Athol Park is a bit of a mystery right now, with no current median house or unit prices available. This could indicate a lack of recent sales or data, making it tricky to assess the cost of purchasing property in the area. The median total household income in Athol Park is $1,380 per week, which is slightly below the average wage in Adelaide. This might suggest that while renting is feasible, purchasing property could be more challenging without more data.

    Overall, if you're thinking of living in Athol Park, it seems to offer a relatively affordable rental market compared to other inner suburbs of Adelaide. However, the lack of current property prices means that buying a home may require more research and consideration.

    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 Athol Park a good place to invest?

    Athol Park presents a promising opportunity for property investors, particularly those focused on houses. Over the past 12 months, the suburb has experienced a notable 7.6% increase in median house values, indicating a strong demand and potential for capital growth. This upward trend suggests that Athol Park is gaining popularity among buyers, which could lead to further appreciation in property values.

    While the median unit values and rental prices have remained stable, the growth in house values highlights a particular strength in the housing market. The modest 2.6% increase in house rents also suggests a steady demand for rental properties, providing a reliable source of rental income for investors. Athol Park's appeal lies in its affordability and potential for long-term growth, making it an attractive option for those looking to invest in a suburb with a solid foundation for future appreciation.

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Choose the right real estate agents in Athol Park

There are 17 real estate agents in Athol Park, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 42.9% of all sales in the past year.

Commission rates in Athol Park typically range from 1.19% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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