Suburb Profile Report for Grange SA (5022)

Grange House: Median price $725,250, Annual capital growth 2.52%, Number of sales 104, Weekly median advertised rent $505

Grange Unit: Median price $370,000, Annual capital growth 3.75%, Number of sales 29, Weekly median advertised rent $300

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

Grange, 5022 ranked 217th in SA when comparing growth in median property values or capital gain over the last 12 months. Grange is one of 853 in our list for SA

A 21.85% growth in median value for property investors in Grange,5022 puts this suburb at number 136th in terms of best performing suburbs in SA

Property investors looking for a bargain in Grange should be aiming for at least -3.82% off the asking price, which is the average vendor discount being achieved at the moment.

Grange, 5022’s gross rental yield is 3.59%

Grange is in the TOP 20% in SA when comparing median price capital growth over the last year. Grange gave property investors a very good capital gain figure when compared to the rest of the state, with 10.29%.

Taking the average capital gain, or increase in median house value, Grange,5022 has racked up an average of 10.29% over the period. This ranks it number 770th in the whole country for real estate investors looking at median house price increases.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.04% offered to property buyers. Sellers in Grange itself are offering an average vendor discount of -7.22% to real estate investors.

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

Grange is 89th on a list of best yielding suburbs for rents in SA with a 4.16% return

Metrics i HOUSE UNIT
$725,250 $370,000
0.59% 0.00%
3.61% 12.12%
2.52% 3.75%
$505 $300
104 29
3.62% 4.22%
62.327274 41.772728

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 5857
Median household income ($/weekly) 1186
Median age of persons 46
Median housing loan repayment ($/monthly) 1700
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 568 9.7
    35-44 years 738 12.6
    45-54 years 808 13.8
    55-64 years 872 14.9
    65-74 years 581 9.9
    Others 2290 39.1
    Age Group
    Census Count Percent(%)
    Registered Married 2328 52.3
    Not Married 1751 39.3
    Defacto Relationship 371 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4539 80.0
    Japan 103 1.8
    Papua New Guinea 44 0.8
    United Kingdom 461 8.1
    Other 145 2.6
    Others 379 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 0.7
    Christianity 3974 73.2
    Islam 24 0.4
    Other Religious Groups 30 0.6
    No Religion 1342 24.7
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 248 11.6
    $600-$799 216 10.1
    $800-$999 203 9.5
    $1,500-$1,999 247 11.5
    $2,000-$2,499 204 9.5
    Others 1021 47.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1949 40.2
    Employed, worked full-time 1678 34.6
    Employed, worked part-time 952 19.6
    Employed, away from work 149 3.1
    Unemployed, looking for work 124 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 363 13.1
    Professionals 707 25.5
    Technicians & trades workers 323 11.6
    Community & personal service workers 296 10.7
    Clerical & administrative workers 486 17.5
    Others 602 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 56 4.9
    Infants/Primary 432 37.8
    Secondary 271 23.7
    Technical or Further Educational Institution 106 9.3
    University or other Tertiary Institutions 237 20.7
    Others 42 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4146 77.4
    Semi-detached, row or terrace house, townhouse 708 13.2
    Flat, unit or apartment 504 9.4
    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 953 41.4
    Being purchased 698 30.3
    Rented 581 25.2
    Other tenure type 72 3.1
    Tenure Type
Census 2011, ABS
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