Suburb Profile Report for Grange SA (5022)

Grange House: Median price $710,000, Annual capital growth 5.09%, Number of sales 85, Weekly median advertised rent $425

Grange Unit: Median price $440,000, Annual capital growth 9.65%, Number of sales 33, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Grange is an average performer in SA when comparing median price capital growth over the last year. Grange gave property investors a average capital gain figure when compared to the rest of the state, with 5.19%.

Taking the average capital gain, or increase in median house value, Grange,5022 has racked up an average of 5.19% over the period. This ranks it number 1920th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Grange is $710000, with sellers offering an average of -5.64% off the asking price.

Property investors should expect to get $425 weekly from the median priced house in this suburb.

Over the last year, property investments in Grange, 5022 have given investors a capital gain of -15.14%. This compares very badly with the 3.02% for SA as a whole.

Across a shorter period, Grange, 5022 has seen a median price increase of -20.00% over the last quarter.

The most recent median price for Grange is $440000, with sellers offering an average of -5.83% off the asking price.

Property investors should expect to get $320 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$710,000 $440,000
5.26% -20.00%
5.19% -15.14%
5.09% 9.65%
$425 $320
85 33
3.11% 3.78%
91.17 35.76

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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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