Suburb spotlight on: McLaren Vale, SA
Who’s got top market share?
A picturesque village nestled among the famous vineyards of the area, McLaren Vale is still only 45 mins to Adelaide. It’s an ideal spot for those looking for a tree-change without sacrificing amenities. Residents enjoy a semi-rural neighbourhood, a friendly community close to schools and shops selling high-quality local produce, not to mention the annual local festivals. A shrewd sales office can find the potential in this quiet, picturesque neighbourhood.
Let’s look at the market share in the area. Southgate Real Estate McLaren Vale has the greatest market share at 22%, followed by First National Real Estate Southern Vales at 16%. Raine & Horne McLaren Vale rounds out the top three with 14%.
Established families and older couples make up the primary demographic of McLaren Vale, which has an average age of 60+. According to CoreLogic data, the most popular property is a three-bedroom house with an average price of $395K. Rent sits at $338 per week. Around 43% of residents fully own their homes while 33% are purchasing, and 24% are renters.
Picturesque and community-focused, McLaren Vale is an attractive area to those wanting a slower pace of life. A smart sales office will capitalise on its charms. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.