Grange

POSTAL CODE: SA, 5022

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 39.68% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,505,000

The augmented property values in the suburb are trailing behind the territorial average of 10.37% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $800.

Home owners selling their properties and realtors in GRANGE usually have to wait an average of 64.2 days days before their assets are lifted off the market.

The SA suburb ranks 291st on the list of best yielding suburbs for rental properties in SA, posting a 2.76% return.

It also places places 302nd in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 11.58% over the last 12 months in GRANGE, translating to lower returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that GRANGE, 5022 obtained a 9.57% growth over a ten-year period. It ranks 45th on our list of suburbs that property investors should look into.

GRANGE, 5022 has a capital gain of 11.58% for the past year, which is lower than average compared to its 62.82% growth within a five-year period.

With the median home price in GRANGE sitting at $698,500, and the average rent at $507.5, property owners could potentially earn a 3.78% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GRANGE are low, as opposed to average gains per annum over the past five years.

GRANGE, 5022 in SA belongs to the local government area of Charles Sturt.

Surburb overview

Grange, located approximately 11 kilometres west of Adelaide’s central business district, is a popular coastal suburb within the City of Charles Sturt. Known for its beautiful beach, relaxed atmosphere, and strong community vibe, Grange offers an idyllic blend of seaside living and urban convenience. The suburb has a population of around 5,800 residents and is a highly sought-after location for families, professionals, and retirees.

The demographic of Grange includes a diverse mix of young families, professionals, and older adults. Many homes in the area are owner-occupied, with a range of housing options from character homes to modern beachfront properties. The median age of residents is slightly above the national average, reflecting the suburb’s appeal to both families and retirees seeking a peaceful, beachside environment.

Public transport in Grange is well-serviced, with the Grange train line providing a direct connection to the Adelaide CBD. Several bus routes also serve the area, making commuting to the city and surrounding suburbs convenient. For those travelling by car, nearby Grange Road offers easy access to major roads and highways.

Grange is known for its pristine beach, which is a popular destination for swimming, walking, and picnicking. The Grange Jetty, a key landmark, is a favourite spot for fishing and enjoying sunsets. Along the beachfront, there are cafes and restaurants offering a relaxed, seaside dining experience. Grange Recreation Reserve and nearby parks such as Kirkcaldy Park provide green spaces for outdoor activities, including sports, playgrounds, and family gatherings.

Local amenities in Grange are plentiful, with nearby shopping precincts such as Westfield West Lakes offering a range of retail, dining, and entertainment options. The suburb’s close proximity to Henley Beach and its vibrant shopping and dining strip adds to the convenience and lifestyle appeal of living in Grange.

Educational facilities in and around Grange include Grange Primary School and nearby Henley High School, making the suburb an attractive choice for families with school-aged children. With its combination of beachside charm, excellent transport links, and access to a range of amenities, Grange is a highly desirable suburb for a wide range of residents seeking a relaxed yet connected lifestyle.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,505,000	$698,500
Growth Report
Median Quarterly	1.69%	3.4%
Median 12 month	5.99%	11.58%
Median 3 years	39.68%	23.96%
Median 5 years	85.46%	62.82%
10 years average annual	8.6%	9.57%
Weekly media advert. rent	$800	$508
Time on Market	64.2 days	31.6 days
Gross Rental Yield Percent	2.76%	3.78%

Demographics (Median Values)*

Total Population 15743

Weekly Household Income 1488

Household Size 2.30

Average Age 44

Monthly Loan Repayment 1868

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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