Glandore is a smaller residential area in South Australia within the Marion local government area (postcode 5037). With a population of 3,041, the suburb has an established demographic with a median age of 39. Households earn a median income of $88K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Glandore is $1.4 million, having moved higher by 2.2% over the past year. The current median weekly rent is $578. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,907.
Public transport access includes 12 bus stops. The crime rate in the Marion LGA is moderate at 5,327 incidents per 100,000 population.
From an investment perspective, Glandore shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 16.0x is considered stretched. House prices have moved +2.2% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.