All About Plympton Park, Marion, SA, 5038

Plympton Park, nestled within the City of Marion in South Australia, has experienced a dynamic housing market characterized by a steady growth in property values over recent years. The suburb appeals to both young families and professionals due to its convenient location approximately 8 kilometers southwest of Adelaide's city center. The real estate landscape in Plympton Park primarily comprises a mix of established houses and modern townhouses, reflecting its ongoing residential development. This variety in housing options caters to diverse buyer needs and preferences, contributing to the suburb's competitive market. Enhanced infrastructure, such as the nearby tramline offering efficient city access, further boosts the area's appeal to potential homeowners seeking a balance between suburban tranquility and urban connectivity.

Living in Plympton Park offers residents a harmonious blend of lifestyle benefits that are reflective of its community-oriented ethos. The suburb is well-equipped with essential amenities including local parks, schools, and shopping centers, making it a self-sufficient enclave within greater Adelaide. Residents enjoy the convenience of being close to both the city and the coast, with Glenelg Beach a short drive away for leisure and relaxation. The community itself thrives on inclusivity and involvement, often hosting local events and boasting active community groups. The area's charm is further enhanced by its tree-lined streets and pockets of green spaces, which provide a serene environment for families and individuals alike. Overall, Plympton Park presents a desirable lifestyle choice with its combination of an evolving property market and a welcoming community atmosphere.

Plympton Park Real Estate Market Outlook

Thinking about buying in Plympton Park? Now could not be a better time, with 2021 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $771,000 with prices in this suburb ranging from $275,000 to $2,306,000. Plympton Park 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 Plympton Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Plympton Park 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 Plympton Park 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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General Points of Interest

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