All About Glenunga, Burnside, SA, 5064

Glenunga, a serene suburb within the City of Burnside in South Australia, offers a unique housing market characterized by its blend of modern luxury and charming heritage properties. The area is known for its leafy streets and well-maintained homes, making it a desirable location for both families and professionals. In recent years, Glenunga has seen steady growth in property values, largely driven by its proximity to Adelaide's central business district and its reputation for having excellent educational institutions, like Glenunga International High School. The housing market in Glenunga tends to lean towards the higher end, with properties often commanding premium prices due to the suburb's prestigious standing and the quality lifestyle it offers. Potential buyers and investors are drawn to its quiet, residential feel coupled with the convenience of nearby shopping centers and public transport options.

Living in Glenunga means enjoying a mix of urban convenience and suburban tranquility. The community is vibrant yet peaceful, with plenty of parks and green spaces, making it ideal for outdoor activities and family outings. Residents can often be found enjoying the convenient access to local cafes, boutique shopping areas, and the Burnside Village Shopping Centre, offering a wide variety of dining and retail options. The suburb’s location provides easy access to a range of amenities, including well-regarded schools, medical facilities, and recreational venues. The sense of community in Glenunga is strong, with local events and gatherings fostering a welcoming atmosphere. Overall, Glenunga offers a high quality of life with its combination of aesthetic appeal, accessibility, and community spirit, making it one of the most sought-after suburbs in the Burnside area.

Glenunga Real Estate Market Outlook

Thinking about buying in Glenunga? Now could not be a better time, with 1176 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,547,000 with prices in this suburb ranging from $174,000 to $5,569,000. The aproximate distance to the coast is 11 Km.

Consistent high demand relative to supply is a key feature in Glenunga driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Glenunga ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glenunga classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Glenunga requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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