New Town in the Copper Coast of South Australia offers a unique blend of coastal charm and suburban comfort, making it an appealing location for a variety of homebuyers. The housing market here is characterized by a mix of traditional homes and newly developed properties, allowing for a range of options to suit different tastes and budgets. Properties tend to be more affordable compared to Adelaide, attracting first-time buyers, retirees, and families looking for a quieter lifestyle. Over recent years, there has been steady growth in demand, driven largely by the area's increased popularity as both a holiday destination and a permanent residence. The quiet pace of life, combined with the beautiful coastal scenery, contributes to the ongoing interest in the housing market of New Town.
Living in New Town offers residents a peaceful and close-knit community lifestyle. The town's proximity to pristine beaches makes it perfect for those who enjoy outdoor activities such as fishing, boating, and beachcombing. Local amenities, including cafes, shops, and schools, provide everything necessary for day-to-day life, while the larger urban centers are accessible for more extensive shopping and entertainment options. The sense of community is strong, with friendly locals often gathering for events and activities that celebrate the area's rich history and natural beauty. With its relaxed atmosphere and stunning coastal views, New Town is an ideal place for those seeking a slower-paced, fulfilling lifestyle amidst the beauty of South Australia's Copper Coast.
Median Weekly Rent | $255.00 |
Median Monthly Mortgage | $1171.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 3.00 |
Average Age | 40.00 |
Average Income | $537.00 |
Average Cars Per Dwelling | 2.10 |
Average Properties Within 50M | 6 |
Typical 1 bed house | $204,000 |
Typical 2 bed house | $257,000 |
Typical 3 bed house | $370,000 |
Typical 4 bed house | $535,000 |
Typical 5 bed house | $633,000 |
Typical 6 bed+ house | $609,000 |
Housing Stock
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Thinking about buying in New Town? Now could not be a better time, with 746 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $360,000 with prices in this suburb ranging from $56,000 to $841,000. New Town is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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.
Instant Property Valuation54 Thomas Street, New Town, SA, 5554 | 3 | 2 | 2 | PRICE GUIDE - $359,000 - $389,000 |
Kadina Memorial School
Harvest Christian College
Wallaroo Mines Primary School
(While the above schools are located with the suburb of New Town 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 | 0.7 | 14.5 | 32.0 | 23.9 | 82.7 | 5.4 | 26.1 |
Feb | 1.1 | 14.4 | 31.7 | 25.7 | 85.4 | 4.9 | 24 |
Mar | 0.6 | 12.3 | 28.7 | 27.6 | 87.2 | 4.5 | 19.1 |
Apr | 0.9 | 9.6 | 24.8 | 32.4 | 85.5 | 4.3 | 15.2 |
May | 1.2 | 7.2 | 19.4 | 44.8 | 91.3 | 4.4 | 11.4 |
Jun | 1.8 | 5.7 | 16.0 | 55.3 | 94.0 | 4.7 | 9.6 |
Jul | 1.4 | 5.0 | 15.4 | 59.2 | 95.4 | 4.9 | 9.9 |
Aug | 1.4 | 4.1 | 16.7 | 50.7 | 94.6 | 4.7 | 12.8 |
Sept | 0.7 | 5.2 | 21.4 | 35.8 | 93.7 | 4.9 | 17.6 |
Oct | 0.9 | 7.4 | 24.2 | 30.1 | 91.7 | 4.9 | 21.6 |
Nov | 0.7 | 9.7 | 27.5 | 23.6 | 87.4 | 5 | 25.4 |
Dec | 0.9 | 12.4 | 30.9 | 21.4 | 83.7 | 5.1 | 28.7 |
source: Australian Government Bureau of Meteorology
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