Wakefield
Korunye
Korunye at a glance
Median house
$267,000
Median unit
$192,240
Walk score
0
Very car dependent
Population
224
Median age 45
About
Welcome to Korunye.
Korunye (5502) sits in the Wakefield region of South Australia. The median house here is $267,000, well below the South Australia median of around $720K.
Korunye has roughly 224 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
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Houses change hands at $267,000 on a typical sale, well below the South Australia median. Units come in around $192,240, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $53,000. Prices are well below the South Australia median, which keeps Korunye on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$267,000
+0.0% over the past year. Median unit price $192,240.
Rental and ownership
Weekly rent (house)
$600/wk
Weekly rent (unit)
$280/wk
Owner occupied
80%
Renter occupied
11%
At a deeper level
$267,000
$192,240
224
Median age: 45
Rental data as of December 2025· rental-sa
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For investors
Investment overview.
Gross rental yield on houses sits at 11.69% (median rent $600/wk against a $267,000 price tag). Units yield 7.57% gross, often the better cash-flow play for first-time investors. Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Consumer and Business Services SA · Dec 202511.69%
Based on $267,000 median
Gross Yield (Unit)
Source: Consumer and Business Services SA · Dec 20257.57%
Based on $192,240 median
Annual Growth (House)
Source: Consumer and Business Services SA–
Year-on-year capital growth
Annual Growth (Unit)
Source: Consumer and Business Services SA–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202680%
Higher = more owner-occupier demand
Days on Market
Source: Consumer and Business Services SA–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Korunye's population at 224, with a median age of 45. That sits as an established, older skew. Households are predominantly owner-occupied (80% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (80% family households, 18% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
224
Median age
45
Family households
80%
Lone person
18%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Korunye scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 448mm. Data comes from the Bureau of Meteorology's Adelaide (Kent Town) station, 11.1km away.
Schooling within or near the suburb covers 5 government primary, 1 independent.
Safety
Crime and safety.
6
total offences in 2025-26
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of June 2026· State Police Open Data
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Korunye.
Local schools for Korunye
View the catchment for each school to find out more.
Government School Catchment
Two Wells Primary School
Mallala Primary School
Virginia Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
448 mm
Hottest Month (avg max)
28.0°C
Coldest Month (avg min)
7.0°C
Monthly Rainfall (mm)
Weather data from BOM station Adelaide (Kent Town) (11 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Korunye.
- What is the median house price in Korunye?
- The median house price in Korunye, SA 5502 is $267,000. The median unit price is $192,240. Annual growth is +0.0%.
- What is the Korunye postcode?
- Korunye is in the 5502 postcode, in SA, in the Wakefield region.
- What is the average rent in Korunye?
- The median weekly rent for houses is $600, for units it's $280.
- What schools are in Korunye?
- There are 7 schools serving Korunye on this page, including Two Wells Primary School, Mallala Primary School, Virginia Primary School.
- How walkable is Korunye?
- Korunye has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Korunye?
- Korunye is close to Lower Light, Middle Beach, Two Wells, Redbanks, Dublin.
- What is the population of Korunye?
- Korunye has approximately 224 residents. The median age is 45.
Korunye
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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