All About Sandalwood, Karoonda East Murray, SA, 5309
Sandalwood, located in the Karoonda East Murray region of South Australia, offers a unique and tranquil living experience primarily characterized by its rural setting and tight-knit community. The housing market in Sandalwood is defined by its affordability compared to larger urban centers, making it an attractive option for those looking to enjoy a peaceful lifestyle without breaking the bank. The homes here are typically modest and spread over expansive plots of land, providing residents with plenty of space and privacy. This rural area does not see the same level of transaction volume as metropolitan areas, resulting in a relatively stable housing market without the sharp fluctuations often seen in city markets.
Living in Sandalwood is ideal for individuals or families who appreciate a quiet, agrarian lifestyle. The surrounding landscape consists of vast open spaces, farmland, and natural beauty, perfect for those who enjoy outdoor activities or simply want to escape the hustle and bustle of city life. The community is small and close-knit, fostering a sense of camaraderie and support among residents. While amenities are more limited than in urban areas, the essentials are within reach, and the nearby town of Karoonda provides additional conveniences. Overall, Sandalwood offers a serene and community-oriented lifestyle, centered around simple living and the natural environment.
Household Makeup
| Median Weekly Rent | $100.00 |
| Median Monthly Mortgage | $920.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 42.00 |
| Average Income | $886.00 |
| Average Cars Per Dwelling | 2.75 |
| Average Properties Within 50M | 1 |
| Typical 3 bed house | $1,943,000 |
Housing Stock
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Sandalwood Real Estate Market Outlook
Thinking about buying in Sandalwood? Now could not be a better time, with just 99 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,239,000 with prices in this suburb ranging from $535,000 to $1,943,000. The aproximate distance to the coast is 109 Km.
In Sandalwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Sandalwood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Sandalwood leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Sandalwood the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationHouses for sale Sandalwood
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1061 Sandalwood Road, Sandalwood, SA, 5309 |  4 |
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1.6M |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Sandalwood there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Sandalwood weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 13.9 | 32.4 | 21.1 | 77.9 | 5.5 | 28.2 |
| Feb | 0.6 | 14.0 | 31.3 | 24.3 | 82.2 | 5.1 | 24.0 |
| Mar | 0.5 | 11.8 | 27.7 | 28.3 | 86.6 | 4.8 | 19.1 |
| Apr | 0.8 | 9.1 | 23.3 | 36.2 | 89.6 | 4.5 | 14.5 |
| May | 1 | 6.9 | 18.5 | 47 | 93.9 | 4.5 | 10.4 |
| Jun | 1.1 | 4.8 | 15.2 | 56 | 96.1 | 4.2 | 9.0 |
| Jul | 1.1 | 4.7 | 14.7 | 58.9 | 96.6 | 4.7 | 9.1 |
| Aug | 1.1 | 4.1 | 16.4 | 48.3 | 95.2 | 4.9 | 12.4 |
| Sept | 1.1 | 5.6 | 20.7 | 38.0 | 94.8 | 5.1 | 16.9 |
| Oct | 0.8 | 7.3 | 23.0 | 33.7 | 92.9 | 5.1 | 22.6 |
| Nov | 0.6 | 9.6 | 26.8 | 24.4 | 86.6 | 5.4 | 25.7 |
| Dec | 0.9 | 12.5 | 30.1 | 23.0 | 82.7 | 5.7 | 28.6 |
source: Australian Government Bureau of Meteorology
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