Question 1

Is Glengowrie a nice place to live?

Accepted Answer

Glengowrie is a quiet, primarily residential pocket in Adelaide’s western suburbs with easy access to the beaches and cafés of Holdfast Bay and Glenelg. Streets mix mid-century brick cottages and bungalows with pockets of newer townhouse infill, often shaded by established trees. The suburb attracts families, downsizers and professionals, and everyday needs are met by local parks, a modest shopping strip, community sporting facilities and regular bus services with nearby arterial roads for wider connections.

Families make up the core of the community, with couple families with and without children together accounting for about 85% of families, the median age is 45 and roughly 77.2% of homes are owner-occupied while 22.9% are rented. A state-led rezoning around Morphettville Racecourse will allow medium- to high-density housing, with one site able to accommodate about 136 homes and another roughly 70, and major transport works on the Glenelg tram corridor, including an overpass and depot upgrades, are under way. Whether that mix of settled streets, nearby coast and upcoming change suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Glengowrie?

Accepted Answer

In Glengowrie, a house renting for about $700 a week would take roughly 38.4% of a typical local household's weekly income at the last Census, which is a sizeable share of income. Buying sits well above local incomes: the median house price of $1,425,000 is about 15.0 times a typical local household's annual income at the last Census. If you're renting rather than buying, that rent share is the figure that will matter most to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Glengowrie a good place to invest?

Accepted Answer

House-side figures for Glengowrie over the past 12 months show median house values rose 5.2%, a solid gain, while the rent those houses earn increased 7.7%, a notable rise. The value change relates to capital growth and the rent change to rental income, and in this period rents grew faster than prices on the house market. Whether that balance fits your investment goals and personal circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.43M	N/A
Change in value Past 12 months	5.2%	N/A
Sold Past 3 months	28	1
Median days on market Past 12 months	67	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	7.7%	N/A

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