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Cumberland Park suburb profile

Cumberland Park is an established, predominantly residential inner-south Adelaide suburb characterised by tree-lined streets and a mix of post-war brick bungalows, low-rise units and more recent townhouses. It sits between the city and the southern suburbs, offering straightforward car links via South Road and Goodwood Road and regular bus services for commuters. The suburb has a quiet, domestic feel with local convenience shops and pocket parks, while larger retail, medical and education precincts are a short drive away. Its appeal is practical rather than flashy, suiting families, downsizers and anyone wanting easy access to the city fringe.

Cumberland Park property market performance

Property growth+12.8%Past 12 months

Cumberland Park has relatively few recent unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $1.505 million, with house values up sharply, rising 10.0% over the last 12 months. Unit values rose sharply as well, up 15.6% over the same 12 months, so unit values grew faster than house values.

Over the last 3 months, 12 houses and 5 units sold. Units sold faster than houses, in a median of 44 days compared with 56 days for houses.

The rental market in Cumberland Park saw house rents average $710 a week over the last 12 months, up sharply 10.9%. Unit rents averaged $500 a week, up sharply 11.1%, so rents for houses and units grew at a similar pace.

HousesUnits
Median price
Past 3 months
$1.50MN/A
Change in value
Past 12 months
10.0%15.6%
Sold
Past 3 months
125
Median days on market
Past 12 months
5644
Average rent
Past 12 months
$710$500
Change in rent
Past 12 months
10.9%11.1%

5 year median price trend for houses and units

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Cumberland Park demographics

Cumberland Park is a community of 2,571 people with a median age of 41 and a typical household income of $1,901 a week, roughly $99,000 a year.

The family mix is led by couple families with children at 52.7%. Together with couple families without children (33.9%) they account for about 86.6% of families. One-parent families make up 11.8% and other families 1.6%.

In Cumberland Park, most homes are owner-occupied: 35.1% are owned outright and 41.9% are owned with a mortgage, combining to 77.0% owner-occupied, while 23.0% of homes are rented.

Suburbs near Cumberland Park

Some popular suburbs near Cumberland Park include:

How does Cumberland Park compare to nearby suburbs?

  • Median house prices: Cumberland Park’s median house price is 6.2% higher than Clarence Gardens’s.
  • House price growth: Over the past 12 months, house prices in Cumberland Park have grown 6.6% higher than in Millswood.
  • Unit price growth: Over the past 12 months, unit prices in Cumberland Park have grown 14.0% higher than in Clarence Park.
  • Selling speed for houses: Properties in Cumberland Park are selling 9.7% faster than in Clarence Gardens.
  • Selling speed for units: Properties in Cumberland Park are selling 10.2% faster than in Clarence Park.
  • Investment considerations: In Cumberland Park, the rental yield for house is 12.0% higher than the Adelaide average, while the rental yield for units is 1.8% higher.
  • House price growth: Over the past 12 months, house prices in Cumberland Park have grown 51.1% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Cumberland Park have grown 32.5% higher than the average rate of growth for units across Adelaide.

Choose the right real estate agents in Cumberland Park

Choosing the right real estate agent in Cumberland Park can have a big impact on your sale. While there are 31 real estate agents working in the suburb, but just 5 of them were responsible for 37.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.63% to 2.75%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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