AREA REPORTS

Glandore

Suburb Profile

Glandore - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5037

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $632,250.

The upward trend in home prices in GLANDORE, 5037 averaged 5.34% per annum over a 3-year period.

Average weekly rents on listings have reached the $390 mark, reflecting a 3.21% increase in returns based on the current median price in GLANDORE.

An average of 3.08 real estate transactions take place per month in GLANDORE which translates to 37 per annum.

37 properties were sold in GLANDORE in 2016, making it the 204th most active market in SA based on total real estate transactions.

GLANDORE, 5037 places 338th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $632,250 $423,000
GROWTH REPORT
Median Quarterly -2.88% 1.68%
Median 12 month -8.83% 24.41%
Median 3 years 16.01% 28.18%
Median 5 years 26.45% 26.84%
10 years average annual 2.9% 4.95%
Weekly media advert. rent $390 $305
Time on Market 33.5 days 60.0 days
Gross Rental Yield Percent 3.21% 3.75%
demographics (median values)
Total Population
2826
Weekly Household Income
955.8
Household Size
2.30
demographics
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