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Glenelg East

Suburb Profile

Glenelg East - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5045

house
unit

Homeowners and real estate investors betting on GLENELG EAST, 5045 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 20.27%.

A steady increase in median property prices over a five-year period in the suburb translates to a 16.76% capital gain.

Property investors in GLENELG EAST enjoyed capital gains of 20.27% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $832,500.

Profits due to an upward trend in home prices there averaged 5.59% per annum over a 3-year period.

Home owners selling their properties and realtors in GLENELG EAST usually have to wait an average of 47.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $500 mark, reflecting a 3.12% increase in returns based on the current median price in GLENELG EAST.

GLENELG EAST, 5045 places 32nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $832,500 $375,000
GROWTH REPORT
Median Quarterly 7.63% 2.46%
Median 12 month 20.27% 0%
Median 3 years 16.76% -0.79%
Median 5 years 13.27% 12.78%
10 years average annual 3.13% 2.64%
Weekly media advert. rent $500 $332.5
Time on Market 47.5 days 77.0 days
Gross Rental Yield Percent 3.12% 4.61%
demographics (median values)
Total Population
3575
Weekly Household Income
938.4
Household Size
2.10
demographics
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Top 10 Birth Countries
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Household Income
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