Riverglades

POSTAL CODE: SA, 5253

HOUSE

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 $568,000.

The upward trend in home prices in RIVERGLADES, 5253 averaged 9.45% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in RIVERGLADES.

An average of 0.92 real estate transactions take place per month in RIVERGLADES which translates to 11 per annum.

11 properties were sold in RIVERGLADES in 2016, making it the 475th most active market in SA based on total real estate transactions.

RIVERGLADES, 5253 places 448th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$568,000	N/A
Growth Report
Median Quarterly	-9.12%	N/A
Median 12 month	0%	N/A
Median 3 years	28.36%	N/A
Median 5 years	118.88%	N/A
10 years average annual	20.37%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 18489

Weekly Household Income 945

Household Size 2.40

Average Age 40

Monthly Loan Repayment 1170

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

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