Question 1

Is Coromandel East a nice place to live?

Accepted Answer

Coromandel East is a leafy, semi-rural suburb in Adelaide’s Mount Lofty Ranges, adjoining Coromandel Valley. It sits on gently rolling, bush-clad slopes with established gardens and native trees, and features generous blocks where weatherboard cottages sit alongside more modern homes that often capture valley views. Life leans towards the outdoors, with local reserves, walking tracks and country-style streets close by, while convenience shops and schools are within easy reach and larger shopping and transport links to the city are a short drive away.

With a small population of 345 and a median age of 50, the community is weighted towards couple families; together, couple families with and without children make up about 94.1% of all families. Homes are overwhelmingly owner-occupied (92.2%), renters 7.8%, and the median household income is $2,531 a week (roughly $131,600 a year). There are no significant new infrastructure or development projects in the suburb at this time, and it is part of the City of Onkaparinga’s Resilient Southern Communities community-led disaster resilience program. Whether Coromandel East suits you will depend on whether you want more space, established gardens and a quieter, outdoors-oriented pace of life.

Question 2

Is it expensive to live in Coromandel East?

Accepted Answer

Coromandel East doesn't have enough recent sales or rentals to publish reliable median house, unit or rent figures. With only the suburb's median household income as recorded at the most recent Census, there isn't a clear picture of how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Coromandel East a good place to invest?

Accepted Answer

Coromandel East hasn't had enough recent sales or lettings to publish reliable 12-month changes for house or unit values and rents. Without those figures, there isn't a clear picture of how the suburb has performed as an investment over the past year.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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