Suburb Profile Report for Grange SA (5022)

Grange House: Median price $681,500, Annual capital growth 5.29%, Number of sales 90, Weekly median advertised rent $450

Grange Unit: Median price $635,000, Annual capital growth 15.43%, Number of sales 35, Weekly median advertised rent $295

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Grange, 5022 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 9.92%.

Across a shorter period, Grange, 5022 has seen a median price increase of 1.11% over the last quarter.

Grange5022 is located in SA which offers an average discount of -6.55% to property investors. Grange itself is showing figures that indicate -5.71% is the average achievable by property buyers investing in the suburb.

At number 1477 in a list of fastest selling suburbs, Grange is in the TOP 40% of suburbs in Australia with an average of days on market 73.09 for properties listed there.

Grange5022 is located in SA which offers an average discount of -6.20% to property investors. Grange itself is showing figures that indicate -5.43% is the average achievable by property buyers investing in the suburb.

At number 289 in a list of fastest selling suburbs, Grange is in the TOP 20% of suburbs in Australia with an average of days on market 53.64 for properties listed there.

Renters in Suburb are facing rents around $3540 per annum or $295 every week.

HOUSE UNIT
$681,500 $635,000
1.11% 24.69%
9.92% N/A
5.29% 15.43%
$450 $295
90 35
3.43% 2.42%
73.09 53.64

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 5857
Median household income ($/weekly) 1186
Median age of persons 46
Median housing loan repayment ($/monthly) 1700
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 568 9.7
    35-44 years 738 12.6
    45-54 years 808 13.8
    55-64 years 872 14.9
    65-74 years 581 9.9
    Others 2290 39.1
    Age Group
    Census Count Percent(%)
    Registered Married 2328 52.3
    Not Married 1751 39.3
    Defacto Relationship 371 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4539 80.0
    Japan 103 1.8
    Papua New Guinea 44 0.8
    United Kingdom 461 8.1
    Other 145 2.6
    Others 379 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 0.7
    Christianity 3974 73.2
    Islam 24 0.4
    Other Religious Groups 30 0.6
    No Religion 1342 24.7
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 248 11.6
    $600-$799 216 10.1
    $800-$999 203 9.5
    $1,500-$1,999 247 11.5
    $2,000-$2,499 204 9.5
    Others 1021 47.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1949 40.2
    Employed, worked full-time 1678 34.6
    Employed, worked part-time 952 19.6
    Employed, away from work 149 3.1
    Unemployed, looking for work 124 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 363 13.1
    Professionals 707 25.5
    Technicians & trades workers 323 11.6
    Community & personal service workers 296 10.7
    Clerical & administrative workers 486 17.5
    Others 602 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 56 4.9
    Infants/Primary 432 37.8
    Secondary 271 23.7
    Technical or Further Educational Institution 106 9.3
    University or other Tertiary Institutions 237 20.7
    Others 42 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4146 77.4
    Semi-detached, row or terrace house, townhouse 708 13.2
    Flat, unit or apartment 504 9.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 953 41.4
    Being purchased 698 30.3
    Rented 581 25.2
    Other tenure type 72 3.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals