As of the latest insights, Craigburn Farm in the City of Mitcham, South Australia, is known for its picturesque landscapes and premium real estate options, which make it a highly sought-after suburb for those looking to invest in the housing market. Nestled against the backdrop of lush greenery and undulating hills, the area offers a serene and family-friendly environment. The architectural styles in Craigburn Farm range from contemporary builds to elegantly designed homes that blend seamlessly with the natural setting. The suburb has seen a steady demand for property, driven by its proximity to Adelaide's city center, which is only about 25 minutes away. This balance of urban access and tranquil suburban living has contributed to property values remaining stable, with a tendency towards appreciation, thus presenting a solid investment opportunity.
Living in Craigburn Farm provides residents with a lifestyle that combines convenience with natural beauty. The suburb is well-equipped with essential amenities, including schools, parks, and shopping centers within easy reach, enhancing the everyday living experience. The presence of walking trails and outdoor recreational activities in and around the Sturt Gorge Recreation Park adds to the appeal for those who cherish an active lifestyle and connection with nature. Community life in Craigburn Farm is vibrant yet relaxed, making it an ideal location for families, professionals, and retirees alike. This diverse and welcoming community enjoys a peaceful ambiance while having the convenience of amenities afforded by the suburb's location, truly offering a harmonious blend of comfort and charm.
Median Weekly Rent | $389.88 |
Median Monthly Mortgage | $2008.88 |
Median Persons Per bed houseroom | 0.76 |
Average Household Size | 2.88 |
Average Age | 48.38 |
Average Income | $928.75 |
Average Cars Per Dwelling | 2.24 |
Average Properties Within 50M | 8 |
Typical 1 bed house | $1,101,000 |
Typical 2 bed house | $730,000 |
Typical 3 bed house | $1,043,000 |
Typical 4 bed house | $1,224,000 |
Typical 5 bed house | $1,294,000 |
Typical 6 bed+ house | $1,519,000 |
Housing Stock
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Thinking about buying in Craigburn Farm? Now could not be a better time, with 1409 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,204,000 with prices in this suburb ranging from $373,000 to $2,561,000. Craigburn Farm is located fairly close to the coast at just 6Km 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 Craigburn Farm driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Craigburn Farm 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 high percentage of professional people in Craigburn Farm 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 Craigburn Farm 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 Valuation7 Verco Place, Craigburn Farm, SA, 5051 | 4 | 2 | 2 | $1,580,000 - $1,680,000 | |
17 Fisher Crescent, Craigburn Farm, SA, 5051 | 4 | 2 | 2 | 1600000 |
St Peters Lutheran School
Coromandel Valley Primary School
Flagstaff Hill R-7 School
Bellevue Heights Primary School
Blackwood High School
Blackwood Primary School
Craigburn Primary School
Eden Hills Primary School
Australian Science and Mathematics School
Hawthorndene Primary School
(While the above schools are located with the suburb of Craigburn Farm there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 13.1 | 25.2 | 37.4 | 86.6 | 3.0 | 26.1 |
Feb | 1.3 | 13.1 | 24.6 | 39.3 | 85.7 | 2.9 | 23.3 |
Mar | 1.6 | 11.1 | 21.2 | 47.3 | 91.2 | 2.7 | 17.8 |
Apr | 2.0 | 10.3 | 18.2 | 51.8 | 89.4 | 2.6 | 13.2 |
May | 3.7 | 7.8 | 13.1 | 65.2 | 92 | 2.9 | 9.0 |
Jun | 4.2 | 5.8 | 10.5 | 71.6 | 94.1 | 3.1 | 8.4 |
Jul | 4.2 | 5.1 | 9.9 | 70.9 | 95.2 | 3.6 | 8.2 |
Aug | 3.9 | 5.1 | 10.5 | 66.5 | 95.1 | 3.7 | 10.4 |
Sept | 3.6 | 6.5 | 13.8 | 54.3 | 93.2 | 3.6 | 15.1 |
Oct | 2.2 | 8.0 | 17.2 | 47.3 | 90.3 | 3.2 | 20.8 |
Nov | 1.3 | 9.2 | 19.7 | 42.3 | 91.6 | 2.8 | 24.8 |
Dec | 1.1 | 11.8 | 23.6 | 36.0 | 83.7 | 2.8 | 27.4 |
source: Australian Government Bureau of Meteorology
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