All About Coromandel Valley, Onkaparinga, SA, 5051

The housing market in Coromandel Valley, a suburb located within the City of Onkaparinga in South Australia, presents a unique blend of suburban charm and picturesque natural surroundings. Known for its leafy streets and tranquil environment, the area predominantly features detached houses, often with larger blocks of land compared to more densely populated suburban areas. This has made Coromandel Valley particularly appealing to families and those seeking a harmonious balance between accessibility to the city and a more relaxed, semi-rural lifestyle. Property prices have shown steady growth over the years, reflecting the area's desirability and its well-maintained community spaces. While it offers a peaceful retreat, the suburb is conveniently close to various amenities and public transport options, making commuting relatively straightforward for its residents.

Living in Coromandel Valley offers a lifestyle enriched by nature and community spirit. With the Sturt River and numerous parks and reserves in close proximity, residents can enjoy a range of outdoor activities such as hiking, cycling, and picnicking. This connection to nature is a defining feature of life in Coromandel Valley, making it an attractive option for those who appreciate an active lifestyle amidst scenic beauty. The community itself is known for being friendly and welcoming, with local events and gatherings fostering a strong sense of belonging. Schools in the area are well-regarded, further strengthening its appeal to families. Overall, Coromandel Valley provides a peaceful, community-oriented atmosphere while still offering the conveniences of modern suburban living.

Coromandel Valley Real Estate Market Outlook

Thinking about buying in Coromandel Valley? Now could not be a better time, with 1811 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $857,000 with prices in this suburb ranging from $219,000 to $2,270,000. Coromandel Valley is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Coromandel Valley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Coromandel Valley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Coromandel Valley changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Coromandel Valley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!