AREA REPORTS

Riverglades

SA/
Riverglades

Suburb Profile

Riverglades - FREE SUBURB PROFILE REPORT
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 $279,125.

The downward trend in home prices in RIVERGLADES, 5253 averaged -3.32% per annum over a 3-year period.

Average weekly rents on listings have reached the $255 mark, reflecting a 4.75% increase in returns based on the current median price in RIVERGLADES.

An average of 1.17 real estate transactions take place per month in RIVERGLADES which translates to 14 per annum.

14 properties were sold in RIVERGLADES in 2016, making it the 412th most active market in SA based on total real estate transactions.

RIVERGLADES, 5253 places 21st 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 $279,125 N/A
GROWTH REPORT
Median Quarterly 11.87% N/A
Median 12 month 6.54% N/A
Median 3 years -9.96% N/A
Median 5 years 9.46% N/A
10 years average annual 1.33% N/A
Weekly media advert. rent $255 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 4.75% N/A
demographics (median values)
Total Population
1446
Weekly Household Income
1015
Household Size
2.70
demographics
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