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Glenunga

Suburb Profile

Glenunga - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5064

house
unit

GLENUNGA, 5064 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 $971,750.

Profits due to an upward trend in home prices in the suburb averaged 2.66% per annum over a 3-year period.

GLENUNGA now ranks at the 394th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $500 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GLENUNGA, homes and units usually stay on listing for an average of 50.6 days.

In 2016, 34 properties were sold in GLENUNGA during the past year, making it the 203rd most active market in SA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $971,750 $388,250
GROWTH REPORT
Median Quarterly -11.46% N/A
Median 12 month -2.83% 16.94%
Median 3 years 7.97% 2.44%
Median 5 years 26.61% 8.53%
10 years average annual 3.41% 4.84%
Weekly media advert. rent $500 $340
Time on Market 50.6 days 0.0 days
Gross Rental Yield Percent 2.68% 4.55%
demographics (median values)
Total Population
1870
Weekly Household Income
1154
Household Size
2.40
demographics
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