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Glenunga

POSTAL CODE: SA, 5064
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GLENUNGA, 5064 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling GLENUNGA, 5064 values up and netting property investors a capital gain of 2.39% for the past year.

Investors saw the median home price rise to $1,722,250.

Profits due to an downward trend in home prices in the suburb averaged -2.3% per annum over a 3-year period.

GLENUNGA now ranks at the 236th 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 $770 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 55.1 days.

In 2016, 31 properties were sold in GLENUNGA during the past year, making it the 218th most active market in SA based on total real estate transactions.

Surburb overview

Glenunga, located approximately 4 kilometres southeast of Adelaide’s central business district, is an affluent and sought-after suburb within the City of Burnside. Known for its leafy streets, high-quality homes, and proximity to excellent schools, Glenunga offers a quiet, family-friendly environment with easy access to both the Adelaide CBD and the Adelaide Hills. The suburb has a population of around 2,500 residents, making it a small but desirable community.

The demographic of Glenunga includes a mix of families, professionals, and retirees. Many homes in the area are owner-occupied, and the housing stock features a blend of traditional character homes and modern luxury properties. The median age of residents is slightly above the national average, reflecting its appeal to established families and older adults. English is the primary language spoken in the suburb, although there is a growing multicultural presence.

Public transport in Glenunga is well-established, with multiple bus routes providing convenient access to the Adelaide CBD and surrounding areas. Glenunga’s location along Glen Osmond Road, a major thoroughfare, makes it ideal for those commuting by car to the city, the Adelaide Hills, or further afield via the South Eastern Freeway.

Glenunga offers a range of local amenities, with Burnside Village Shopping Centre nearby, providing residents with access to high-end retail stores, cafes, and essential services. The suburb also features several parks and recreational spaces, including Glenunga Reserve, which offers sports fields, playgrounds, and open green spaces for families and outdoor enthusiasts.

Education is a key feature of Glenunga’s appeal, with Glenunga International High School being one of the most highly regarded public schools in Adelaide, attracting families from across the city. Nearby Linden Park Primary School also serves the area, making Glenunga an ideal location for families with school-aged children.

With its blend of high-quality homes, proximity to top schools, and easy access to the city and natural attractions, Glenunga is a highly desirable suburb for those seeking an upscale, family-friendly lifestyle in one of Adelaide’s most prestigious areas.

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