Suburb Profile Report for Grange SA (5022)

Grange House: Median price $720,000, Annual capital growth 5.08%, Number of sales 77, Weekly median advertised rent $433

Grange Unit: Median price $425,000, Annual capital growth 11.05%, Number of sales 34, Weekly median advertised rent $325

  • 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 Grange, 5022 should be ok 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 5.88%

Over the longer term, Grange has seen property prices show investors a 13.83% return over the last 3 years. This is worse than over the last 12 months

At number 204th of SA’s most discounted properties, Grange is in the middle of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $432.5 and the average annual increase in value of a median property of 5.08%, investors should hope to achieve an overall return of 3.12%

Grange is in the bottom 10% in SA when comparing median price capital growth over the last year. Grange gave property investors a dismal capital gain figure when compared to the rest of the state, with -33.07%.

If we look at median property appreciation over just the last three months, Grange has given property investors a paper return of -7.61%. This puts Suburb as 170 on a list of fastest fasting appreciating suburbs in SA

Property investors looking for a bargain in Grange should be aiming for at least -5.70% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Grange the average time real estate has been on the market is 36.35 days.

The SA suburb of Grange, 5022 is in the Charles Sturt local government area.

Metrics i HOUSE UNIT
$720,000 $425,000
1.41% -7.61%
5.88% -33.07%
5.08% 11.05%
$433 $325
77 34
3.12% 3.98%
107.35 36.35

Source: CoreLogic

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