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All About Prospect Hill, Mount Barker, SA, 5201

Prospect Hill in Mount Barker, South Australia, offers a unique blend of rural charm and accessibility, making it an intriguing spot for potential homeowners. The housing market here is characterized by a mix of historical homes and modern architecture, reflecting the area’s growth while maintaining its rustic appeal. Property prices have shown a steady increase, albeit more moderately compared to urban centers, appealing to both first-time homebuyers and those looking for a quieter lifestyle. With spacious plots and the availability of larger homes, it attracts families and retirees seeking more space and tranquility without straying too far from city amenities.

Living in Prospect Hill means enjoying a serene lifestyle in a tight-knit community. The area is rich in history and surrounded by picturesque landscapes, offering residents an abundance of outdoor activities like hiking and exploring local wildlife. Community events and markets are a regular fixture, fostering a strong sense of belonging among residents. Proximity to the Mount Barker town center provides access to shops, schools, and medical facilities, ensuring that basic conveniences are well within reach. Overall, Prospect Hill offers the perfect balance for those looking to escape the hustle of city life while staying connected to essential services.

Household Makeup

Median Weekly Rent $265.00
Median Monthly Mortgage $1807.50
Median Persons Per bed houseroom 0.75
Average Household Size 3.00
Average Age 51.00
Average Income $880.50
Average Cars Per Dwelling 2.80
Average Properties Within 50M 1
Typical 3 bed house$828,000
Typical 4 bed house$1,172,000

Housing Stock

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Prospect Hill Real Estate Market Outlook

Thinking about buying in Prospect Hill? Now could not be a better time, with just 93 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $966,000 with prices in this suburb ranging from $697,000 to $1,257,000. The aproximate distance to the coast is 20 Km.

Consistent high demand relative to supply is a key feature in Prospect Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Prospect Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Prospect Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Prospect Hill 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.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Prospect Hill there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Prospect Hill 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
Jan0.814.426.635.986.75.027.3
Feb1.114.425.441.688.54.922.5
Mar1.312.82344.591.04.718.2
Apr1.911.319.749.290.54.213.6
May2.99.415.860.192.74.29.4
Jun3.67.413.166.394.44.38.5
Jul4.06.912.665.896.04.88.5
Aug36.813.459.894.74.711.2
Sept3.08.216.351.693.24.815.6
Oct1.49.619.346.190.54.621.3
Nov1.110.621.041.991.34.624.6
Dec1.013.024.638.087.74.826.9

source: Australian Government Bureau of Meteorology



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General Points of Interest


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