Is GLENUNGA a good suburb for positive geared property investment in Australia?

GLENUNGA in SA currently features property rental yields up to 2.4% with a 12-month capital growth value of Up 11.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in GLENUNGA 5064?

The median house price in GLENUNGA 5064 is approximately $1,986,251 based on the latest tracked market indices.

Investment Spotlight • Australia

GLENUNGA 5064

State: SA

Updated: 6 August 2026

PosiProp AI Investment Summary

GLENUNGA (SA 5064) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.4% and has experienced a 12-month capital growth of Up 11.7%, with a median house buy price of $1,986,251. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,237,500

Not available 2.1% Yield

3 house • buy

$1,525,000

Down -1.6% 2.5% Yield

4 house • buy

$2,062,501

Up 13.8% 2.5% Yield

all house • buy

$1,986,251

Up 11.7% 2.4% Yield

Suburb Market Profile

Last month Glenunga had 8 properties available for rent and 12 properties for sale. Median property prices over the last year range from $1,986,251 for houses to $750,000 for units. If you are looking for an investment property, consider houses in Glenunga rent out for $885 PW with an annual rental yield of 2.4% and units rent for $593 PW with a rental yield of 4.0%. Glenunga has seen an annual compound growth rate of 11.7% for houses and 31.1% for units.

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