Glengowrie

POSTAL CODE: SA, 5044

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 41.05% 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 $1,340,000

The augmented property values in the suburb are trailing above 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 $680.

Home owners selling their properties and realtors in GLENGOWRIE usually have to wait an average of 52.5 days days before their assets are lifted off the market.

The SA suburb ranks 304th on the list of best yielding suburbs for rental properties in SA, posting a 2.64% return.

It also places places 417th in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 6.9% over the last 12 months in GLENGOWRIE, 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 GLENGOWRIE, 5044 obtained a 7.54% growth over a ten-year period. It ranks 389th on our list of suburbs that property investors should look into.

GLENGOWRIE, 5044 has a capital gain of 6.9% for the past year, which is lower than average compared to its 83.08% growth within a five-year period.

With the median home price in GLENGOWRIE sitting at $662,750, and the average rent at $540, property owners could potentially earn a 4.24% increase in gross rental yield.

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

GLENGOWRIE, 5044 in SA belongs to the local government area of Marion.

Surburb overview

Glengowrie, located approximately 10 kilometres southwest of Adelaide’s central business district, is a well-established residential suburb in the City of Marion. Known for its quiet streets, family-friendly environment, and proximity to both the beach and the city, Glengowrie is a popular choice for families, professionals, and retirees alike. The suburb has a population of around 5,000 residents and offers a blend of suburban tranquillity with easy access to essential amenities.

The demographic of Glengowrie includes a mix of young families, professionals, and older adults. Many homes in the suburb are owner-occupied, with a variety of housing styles ranging from older character homes to modern developments. The median age of residents is close to the national average, making it a balanced community that appeals to people at different stages of life.

Public transport in Glengowrie is excellent, with the Glenelg tramline running through the suburb, providing a direct and efficient route to both the Adelaide CBD and the coastal area of Glenelg. Several bus routes also serve the area, offering additional connectivity to nearby suburbs and the city centre. For those commuting by car, Glengowrie’s location near major roads like Anzac Highway and Morphett Road provides convenient access to both the city and southern suburbs.

Glengowrie offers a variety of local amenities, with shopping centres such as Glenelg’s Jetty Road precinct and Westfield Marion nearby, providing a wide range of retail, dining, and entertainment options. The suburb is also close to Glenelg Beach, offering residents easy access to one of Adelaide’s most popular coastal destinations. Local parks, such as Glengowrie Reserve, provide green spaces for outdoor activities, walking, and family gatherings.

Educational facilities in and around Glengowrie include Glenelg Primary School and Immanuel College, making it a suitable location for families with school-aged children. With its blend of suburban peace, proximity to the beach, and excellent transport links, Glengowrie is a highly desirable suburb for a wide range of residents seeking a balanced, convenient lifestyle.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,340,000	$662,750
Growth Report
Median Quarterly	-2.9%	1.96%
Median 12 month	11.67%	6.9%
Median 3 years	41.05%	45.5%
Median 5 years	97.79%	83.08%
10 years average annual	8.58%	7.54%
Weekly media advert. rent	$680	$540
Time on Market	52.5 days	30.8 days
Gross Rental Yield Percent	2.64%	4.24%

Demographics (Median Values)*

Total Population 10875

Weekly Household Income 1399

Household Size 2.20

Average Age 45

Monthly Loan Repayment 1800

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

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