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Riverglades
AREA REPORTS

Riverglades

Riverglades - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5253

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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 $320,000.

The upward trend in home prices in RIVERGLADES, 5253 averaged 0.44% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in RIVERGLADES.

An average of 1.83 real estate transactions take place per month in RIVERGLADES which translates to 22 per annum.

22 properties were sold in RIVERGLADES in 2016, making it the 323rd most active market in SA based on total real estate transactions.

RIVERGLADES, 5253 places 46th in Australia based on median property value growth during the quarter.

Data report can be found below

Riverglades
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 N/A
GROWTH REPORT
Median Quarterly 14.9% N/A
Median 12 month 23.55% N/A
Median 3 years 1.33% N/A
Median 5 years 17.65% N/A
10 years average annual 4.07% N/A
Weekly media advert. rent N/A N/A
Time on Market 80.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
18489
Weekly Household Income
945
Household Size
2.40
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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