All About Park Holme, Marion, SA, 5043

Park Holme, located within the City of Marion in South Australia, presents an intriguing picture within the housing market, reflecting trends seen across suburban Australia. Known for its predominantly residential character, the area is comprised mainly of family homes from the post-war era, with a mix of newer developments sprouting up in recent years. This mixture provides a diverse range of housing options, catering to first-time homebuyers, investors, and those looking to upscale. The market here has shown steady demand, partly due to Park Holme's appealing positioning – being just a short drive from both the Adelaide CBD and the appealing southern beaches. With a relatively affordable median house price compared to neighboring suburbs, Park Holme offers an attractive proposition for those looking to establish roots or invest within the burgeoning Adelaide property market.

Living in Park Holme offers a suburban lifestyle enriched with convenience and community. Residents enjoy access to a number of local amenities, including shopping centers like the nearby Marion Shopping Centre, recreational facilities, and green spaces, providing a pleasant environment for families and individuals alike. The connectivity to public transportation in the area is quite robust, with several bus routes servicing the suburb and nearby train stations offering seamless commutes into central Adelaide. Coupled with its proximity to educational institutions and healthcare facilities, Park Holme is perceived as a practical and welcoming neighborhood. Cultural diversity enriches the community fabric, fostering an inclusive atmosphere that is reflective of its mix of long-established residents and newer arrivals who are drawn to its balanced lifestyle offerings.

Park Holme Real Estate Market Outlook

Thinking about buying in Park Holme? Now could not be a better time, with 2015 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $717,000 with prices in this suburb ranging from $281,000 to $1,838,000. Park Holme is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Park Holme are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Park Holme classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Park Holme requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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