Suburb Profile Report for Glandore SA (5037)

Glandore House: Median price $615,000, Annual capital growth 4.83%, Number of sales 37, Weekly median advertised rent $375

Glandore Unit: Median price $338,750, Annual capital growth 4.03%, Number of sales 14, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

Glandore is in the TOP 20% in SA when comparing median price capital growth over the last year. Glandore gave property investors a very good capital gain figure when compared to the rest of the state, with 12.33%.

LACK OF BUYER INTEREST may well be the reason that Glandore is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 237th in terms of most discounted suburbs in SA

Situated 4.68km from the CBD, Glandore is one of West Torrens localities in the postcode 5037.

Glandore has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -3.49% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glandore has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glandore, 5037. Typically our figures indicate that -5.79% is being offered, which puts this SA suburb at 543th most discounted overall in Australia.

Residents and property investors in Glandore have been waiting around 48 days to sell a property.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 4.03%.

HOUSE UNIT
$615,000 $338,750
N/A -3.21%
12.33% -3.49%
4.83% 4.03%
$375 $295
37 14
3.17% 4.53%
61.39 48

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2837
Median household income ($/weekly) 1185
Median age of persons 37
Median housing loan repayment ($/monthly) 1623
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 326 11.5
    25-34 years 414 14.6
    35-44 years 439 15.5
    45-54 years 461 16.2
    55-64 years 315 11.1
    Others 882 31.1
    Age Group
    Census Count Percent(%)
    Not Married 1049 47.3
    Registered Married 930 41.9
    Defacto Relationship 238 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2134 77.9
    Croatia 46 1.7
    Indonesia 70 2.6
    United Kingdom 154 5.6
    Other 100 3.6
    Others 237 8.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 1.7
    Christianity 1598 61.5
    Hinduism 46 1.8
    Islam 71 2.7
    No Religion 812 31.2
    Others 30 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 117 10.6
    $400-$599 108 9.8
    $600-$799 95 8.6
    $1,500-$1,999 150 13.6
    $2,000-$2,499 93 8.4
    Others 540 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 916 40.2
    Not in the labour force 690 30.3
    Employed, worked part-time 500 21.9
    Employed, away from work 97 4.3
    Unemployed, looking for work 77 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 193 12.8
    Professionals 406 26.8
    Technicians & trades workers 175 11.6
    Community & personal service workers 150 9.9
    Clerical & administrative workers 257 17.0
    Others 332 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 30 4.1
    Infants/Primary 248 34.0
    Secondary 142 19.5
    Technical or Further Educational Institution 74 10.2
    University or other Tertiary Institutions 212 29.1
    Others 23 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2073 76.0
    Semi-detached, row or terrace house, townhouse 371 13.6
    Flat, unit or apartment 282 10.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 434 37.5
    Being purchased 402 34.7
    Fully owned 307 26.5
    Other tenure type 15 1.3
    Tenure Type
Census 2011, ABS
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