Korunye, SA 5502
Korunye, SA 5502 — a quiet year
Activity in Korunye, SA 5502 was very light over the last 12 months: five houses sold and one house rented.
For a fuller picture of Korunye, the resident profile below is drawn from the most recent Census.
Who lives hereA middle-income, mostly owner-occupied, family-oriented suburb — multicultural.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Korunye demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Korunye?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Korunye
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Korunye
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Korunye
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Korunye
No school inside Korunye itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Korunye median house price & rent
Headline price, rent, yield and time on market for Korunye — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Korunye property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Korunye
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Korunye against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Korunye in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Korunye — Units & Houses, all bedrooms
Korunye median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Korunye rose from $258k (Jul 2021) to $857k (Jun 2026) — +232.9% growth over five years — peaking at $1.54M between Mar 2022 and Feb 2023.
Suburbs near Korunye: prices compared
The nearest suburbs to Korunye, ranked by distance — each lined up against Korunye on the same measures, so the differences jump out at a glance.
Frequently asked · Korunye
22 data-driven answers about Korunye's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Korunye?
#The median house price in Korunye, SA 5502 is $966k as of June 2026, based on a very small number of recent sales. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Korunye?
#The median weekly house rent in Korunye is $411 as of June 2026. Current vacancy pressure is shown in the supply section above.
How much is rent for a 4 bedroom house in Korunye?
#A 4 bedroom house in Korunye rents for a median $411 per week as of June 2026. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Korunye?
#Gross rental yield in Korunye is 1.83% for houses as of June 2026, compared with the SA unit median of 2.80%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Korunye?
#As of June 2026, Korunye medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $966k | — | $966k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Korunye's property market trends?
#Korunye's property market trends to June 2026: house prices rose +50.0% year-on-year; homes sell in a median 31 days; sales supply sits at 5.6 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Korunye market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Korunye as an investment?
#As of June 2026 in Korunye, house prices rose +50.0% over the year, gross rental yield is 1.83% against a SA median of 2.41%, houses take a median 31 days to sell, sales supply is 5.6 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Korunye?
#Houses in Korunye sell in a median 31 days on market as of June 2026. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Korunye a tight or loose property market right now?
#Korunye's sales market sits at 5.6 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 2.5 months of supply.
Have property prices in Korunye gone up or down?
#House prices in Korunye moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Korunye?
#Korunye's house rental market sits at 2.5 months of supply as of June 2026 — classified as Very Loose, with 1 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
How it compares
Vs state, vs nearby, vs popularHow does Korunye compare to other SA suburbs?
#Korunye's median house price ($966k) is 91% above the SA median ($507k) as of June 2026. On selling speed, houses clear in 31 days vs 14 days state median. On gross yield, Korunye sits at 1.83% vs 2.41% state median.
What's the most popular property type in Korunye?
#The most-transacted segment in Korunye over the 12 months to June 2026 is 3 bed houses with 4 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Korunye last year?
#Korunye recorded 4 house sales and 0 unit sales over the 12 months to June 2026 — a combined 4 transactions. On the rental side, 1 house and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Korunye in?
#Korunye is in postcode 5502, in the Barossa, Yorke & Mid North region of SA. Addresses there are written as Korunye, SA 5502.
What is the population of Korunye?
#Korunye, SA 5502 is home to 124 residents (ABS Census 2021). The median resident age is 31, and the average household holds 1.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Korunye?
#The median household in Korunye earns $883 per week — roughly $46k a year (ABS Census 2021). Median personal income runs $405/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Korunye?
#The unemployment rate in Korunye is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Korunye?
#Korunye is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Korunye?
#Korunye has 7 schools within reach — including Two Wells Primary School, Mallala Primary School, Wasleys Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Korunye a good place to live?
#Korunye, SA 5502 has a population of 124, a median age of 31, a median household income around $883/week, 50% of households renting (ABS Census 2021). There are 7 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Korunye market data last updated?
#This Korunye market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.