Suburb Profile Report for Glengowrie SA (5044)

Glengowrie House: Median price $630,000, Annual capital growth 5.10%, Number of sales 79, Weekly median advertised rent $418

Glengowrie Unit: Median price $543,000, Annual capital growth 7.87%, Number of sales 58, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.17% which means that Glengowrie, 5044 has done well for property investors by showing a capital gain of 4.13% over the last year

If we look at median property appreciation over just the last three months, Glengowrie has given property investors a paper return of 0.40%. This puts Suburb as 247 on a list of fastest fasting appreciating suburbs in SA

Glengowrie5044 is located in SA which offers an average discount of -6.41% to property investors. Glengowrie itself is showing figures that indicate -3.87% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.

A $417.5 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 5.10%.

At number 1277th in the list of Australian suburbs ordered by increase in median house value over the last year, Glengowrie, 5044 is in the BOTTOM 30% with a property value increase of -2.60% recorded in median house prices.

Over the longer term, Glengowrie has seen property prices show investors a 8.38% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -6.10% to buyers in Glengowrie at the moment, which is less than average for the rest of SA.

Advertised rents are around the $340 mark per week – giving a return of 3.26% based on the median price in Suburb

Metrics i HOUSE UNIT
$630,000 $543,000
0.40% -3.47%
4.13% -2.60%
5.10% 7.87%
$418 $340
79 58
3.45% 3.26%
80.12 89.66

Source: CoreLogic

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