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54 Thomas Street,
New Town SA 5554

This property is Off Market

All about New Town Homes for sale in New Town


  • The Average property price in this area is $336,134, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 7.60 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Recently Sold Properties in this Area

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About Kadina

With an average age of 40, households expect an average monthly mortgage payment of $1,171 or a weekly rent payment of $255. The average family earns a weekly income of $1,410 with a typical household size of 2.5 and a 93.38% employment rate.

In New Town 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 New Town 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 New Town 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. Lower than average population density constrains growth in New Town to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in New Town we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make New Town a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 10%)

Are people healthy?

There are a recorded 724 asthma sufferers and 490 people living with diabetes. In addition, 332 people have a heart/vascular condition and 603 people live with three or more chronic diseases.

A good place to invest in property?

Kadina a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

South Australia State average 45 / 100

Income

31 / 100

44 / 100

Industry

10 / 100

34 / 100

Population

18 / 100

37 / 100

House Prices

53 / 100

62 / 100

Jobs

13 / 100

33 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools


Property Story

54 Thomas Street, New Town, Sa, 5554 is a residential property with 3 bedrooms, 2 bathrooms and Parking spaces. The estimated value of this home is $295,000 while properties of this type typically sell for between $370,000 and $400,000 in this suburb. The estimated distance to the sea is 7.6km and at least 1.77KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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