Suburb spotlight on: Marino, SA
Who’s got top market share?
A hidden gem of Adelaide, the coastal suburb of Marino boasts magnificent sea views and is surrounded by conservation areas. With minimal through traffic, little Marino is a peaceful community-minded suburb with fantastic beach access. Only 25 minutes from the city, it’s no wonder that it’s a high demand area for families and commuters. A clever sales office could carve out a lucrative niche in this sought-after area.
Let’s look at the market share in the area. Phil McMahon Real Estate ‘Glenelg’ has the greatest market share at 26%, followed by Harcourts Brock Estates at 13%. Harcourts Packham – Brighton rounds out the top three with another 13%.
Established families and older couples make up the primary demographic of the area at 53%. According to CoreLogic data, the most popular property is a three-bed house with an average price of $598k. The majority of residents own their properties at 44% while 17% are renting. It’s a very high demand area, with online visits per property at 1430, while the SA average sits at 718 visits.
Perched on a hillside with sea views for nearly every property, quiet beachside Marino is a town growing in popularity. A savvy sales office will capitalise on the potential. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.
Andrew McCulloch | +614 7903 9440