Suburb Profile Report for Glenalta SA (5052)

Glenalta House: Median price $510,000, Annual capital growth 4.35%, Number of sales 43, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report

With a capital gain of 7.94% for the last 12 months, Glenalta, 5052 has performed for property investments than its average annual 4.35% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Glenalta has given property investors a paper return of 2.00%. This puts Suburb as 174 on a list of fastest fasting appreciating suburbs in SA

Our latest figures would indicate that property sellers in Glenalta are currently offering property investors an average price cut of -9.40% below the asking price at the moment.

At number 2387 in a list of fastest selling suburbs, Glenalta is in the bottom 40% of suburbs in Australia with an average of days on market 89.91 for properties listed there.

With the median price for a house in Glenalta being $510000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.49%

Metrics i HOUSE UNIT
$510,000 N/A
2.00% N/A
7.94% N/A
4.35% N/A
$440 N/A
43 N/A
4.49% N/A
89.91 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1979
Median household income ($/weekly) 1456
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 220 11.1
    35-44 years 286 14.4
    45-54 years 243 12.3
    55-64 years 268 13.5
    65-74 years 274 13.8
    Others 690 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 894 58.1
    Not Married 501 32.6
    Defacto Relationship 144 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1541 79.3
    Greece 30 1.5
    Papua New Guinea 19 1.0
    United Kingdom 215 11.1
    Other 45 2.3
    Others 94 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.7
    Christianity 1083 58.4
    Islam 6 0.3
    Other Religious Groups 12 0.6
    No Religion 735 39.6
    Others 5 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 69 9.9
    $1,000-$1,249 71 10.2
    $1,500-$1,999 93 13.3
    $2,000-$2,499 74 10.6
    $2,500-$2,999 74 10.6
    Others 317 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 560 35.5
    Employed, worked full-time 559 35.4
    Employed, worked part-time 371 23.5
    Employed, away from work 55 3.5
    Unemployed, looking for work 34 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 107 10.8
    Professionals 362 36.7
    Technicians & trades workers 94 9.5
    Community & personal service workers 99 10.0
    Clerical & administrative workers 148 15.0
    Others 177 17.9
    Occupation
    Census Count Percent(%)
    Pre-school 46 9.5
    Infants/Primary 169 34.8
    Secondary 108 22.3
    Technical or Further Educational Institution 31 6.4
    University or other Tertiary Institutions 113 23.3
    Others 18 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1881 97.6
    Semi-detached, row or terrace house, townhouse 33 1.7
    Flat, unit or apartment 13 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 339 45.6
    Fully owned 325 43.7
    Rented 72 9.7
    Other tenure type 8 1.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals