Suburb Profile Report for Glenside SA (5065)

Glenside House: Median price $856,000, Annual capital growth 6.56%, Number of sales 15, Weekly median advertised rent $498

Glenside Unit: Median price $377,608, Annual capital growth 4.77%, Number of sales 46, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Glenside, 5065 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 8.35%.

Comparing Glenside,5065 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 10th of SA’s most discounted properties, Glenside is in the bottom 10% of the state/territory when listing in order of most discounted to least.

The SA suburb of Glenside, 5065 is in the Burnside local government area.

Investment property in Glenside has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.37%

While Glenside,5065 ranked number 59th in SA for increase in median house value (annualised) increase, it is ranked 20th over the last 5 years.

Property buyers and investors in Glenside 5065 should be seeing an average reduction in asking price of around -7.94% . This means that Glenside is holding prices well when compared to other suburbs in SA.

Often selling an investment property can take time, and in Glenside the average time real estate has been on the market is 46.82 days.

Situated 3.48km from the CBD, Glenside is one of Burnside localities in the postcode 5065.

Ashley Munchenberg Information supplied by:

Ashley Munchenberg
Scarce Real Estate

M 08 8332 1022
O 0411 661 999

W www.scarce.com.au
E ashley@scarce.com.au
Glenside has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.41% to date.

Over the longer term, Glenside has seen property prices show investors a -7.31% return over the last 3 years. This is an improvement over the last 12 months.Full summary
Glenside has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.41% to date.
 
Over the longer term, Glenside has seen property prices show investors a -7.31% return over the last 3 years. This is an improvement over the last 12 months.
 
Selling points:
 
Glenside is an extremely stable suburb with strong capital growth over time. It is attractive to potential purchasers due to its proximity to good public and private schools, upmarket shopping and varied house styles. 
 
Most soought-after properties: 
Purchasers require properties with some yard space for pools or recreation given the young family focus of the area. Many 1 and 2 bedroom apartments are popular with singles and young couples although these are in the minority. Much of the recent development has been upmarket, new construction on smaller land holding.
 
Most common properties:  
Traditional 3 and 4 bedroom homes in a variety of styles.
 
Top amenities: 
Burnside Villlage shopping centre
 
Local industry and business:
The only local businesses are fashion and other shopping based.
 
Recent changes: 
Burnside Village has recently undergone a major, multi-million dollar upgrade. This has seen a great deal of interest in the area, especially for older style homes with the potential to redevelop or replace.
 
Best streets: 
L’Estrange Street, Kyle Street
 
Public transport: 
Major bus routes on the main arterial roads surrounding the suburbs
 
Main arteries: 
Portrush Road
Greenhill Road

 

Close
HOUSE UNIT
$856,000 $377,608
-23.57% 2.06%
8.35% 6.37%
6.56% 4.77%
$498 $310
15 46
3.02% 4.27%
55.8 46.82

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Glenside SA
Demographics
Total population 2236
Median household income ($/weekly) 854
Median age of persons 47
Median housing loan repayment ($/monthly) 1647
Average household size 1.8
  • Census Count Percent(%)
    25-34 years 305 13.6
    35-44 years 267 11.9
    45-54 years 230 10.3
    55-64 years 240 10.7
    75-84 years 283 12.7
    Others 911 40.7
    Age Group
    Census Count Percent(%)
    Not Married 906 51.9
    Registered Married 732 41.9
    Defacto Relationship 108 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1400 66.0
    Croatia 92 4.3
    Indonesia 63 3.0
    United Kingdom 134 6.3
    Other 132 6.2
    Others 301 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 51 2.5
    Christianity 1246 61.0
    Hinduism 43 2.1
    Islam 61 3.0
    No Religion 594 29.1
    Others 47 2.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 123 11.9
    $400-$599 140 13.6
    $600-$799 121 11.7
    $800-$999 113 10.9
    $1,000-$1,249 95 9.2
    Others 440 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 947 50.4
    Employed, worked full-time 507 27.0
    Employed, worked part-time 310 16.5
    Unemployed, looking for work 65 3.5
    Employed, away from work 51 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 109 12.5
    Professionals 282 32.4
    Community & personal service workers 81 9.3
    Clerical & administrative workers 150 17.2
    Sales 87 10.0
    Others 161 18.5
    Occupation
    Census Count Percent(%)
    Pre-school 20 4.3
    Infants/Primary 126 27.2
    Secondary 88 19.0
    Technical or Further Educational Institution 44 9.5
    University or other Tertiary Institutions 167 36.0
    Others 19 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 885 44.0
    Separate house 807 40.1
    Semi-detached, row or terrace house, townhouse 316 15.7
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 375 34.8
    Rented 366 34.0
    Being purchased 206 19.1
    Other tenure type 131 12.2
    Tenure Type
Census 2011, ABS
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