Suburb Profile Report for Glengowrie SA (5044)

Glengowrie House: Median price $631,000, Annual capital growth 5.80%, Number of sales 86, Weekly median advertised rent $430

Glengowrie Unit: Median price $565,000, Annual capital growth 7.99%, Number of sales 55, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Glengowrie, 5044 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.86%

Glengowrie,5044 has offered an average of 6.86% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Glengowrie are currently offering property investors an average price cut of -6.48% below the asking price at the moment.

Often selling an investment property can take time, and in Glengowrie the average time real estate has been on the market is 79.82 days.

The SA suburb of Glengowrie, 5044 is in the Marion local government area.

Glengowrie is an average performer in SA when comparing median price capital growth over the last year. Glengowrie gave property investors a average capital gain figure when compared to the rest of the state, with 3.29%.

If we look at median property appreciation over just the last three months, Glengowrie has given property investors a paper return of 3.29%. This puts Suburb as 54 on a list of fastest fasting appreciating suburbs in SA

LACK OF BUYER INTEREST may well be the reason that Glengowrie is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 110th in terms of most discounted suburbs in SA

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

Metrics i HOUSE UNIT
$631,000 $565,000
0.00% 3.29%
6.86% 3.29%
5.80% 7.99%
$430 $340
86 55
3.54% 3.13%
79.82 108.61

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5026
Median household income ($/weekly) 1119
Median age of persons 43
Median housing loan repayment ($/monthly) 1625
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 541 10.8
    25-34 years 583 11.6
    35-44 years 671 13.3
    45-54 years 647 12.9
    55-64 years 591 11.8
    Others 1994 39.7
    Age Group
    Census Count Percent(%)
    Registered Married 1838 48.2
    Not Married 1640 43.0
    Defacto Relationship 339 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3947 82.3
    Greece 26 0.5
    Papua New Guinea 41 0.9
    United Kingdom 398 8.3
    Other 120 2.5
    Others 263 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 39 0.9
    Christianity 3138 69.2
    Islam 26 0.6
    Other Religious Groups 33 0.7
    No Religion 1285 28.3
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 191 9.8
    $400-$599 238 12.2
    $600-$799 184 9.5
    $1,500-$1,999 247 12.7
    $2,000-$2,499 184 9.5
    Others 901 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1486 37.3
    Employed, worked full-time 1459 36.7
    Employed, worked part-time 791 19.9
    Employed, away from work 151 3.8
    Unemployed, looking for work 92 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 326 13.6
    Professionals 576 24.0
    Technicians & trades workers 320 13.3
    Community & personal service workers 282 11.8
    Clerical & administrative workers 434 18.1
    Others 462 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 52 4.9
    Infants/Primary 414 38.7
    Secondary 272 25.4
    Technical or Further Educational Institution 94 8.8
    University or other Tertiary Institutions 210 19.6
    Others 28 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3210 68.7
    Semi-detached, row or terrace house, townhouse 1073 23.0
    Flat, unit or apartment 389 8.3
    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 817 39.4
    Being purchased 709 34.2
    Rented 474 22.9
    Other tenure type 71 3.4
    Tenure Type
Census 2011, ABS
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