Glenelg North

POSTAL CODE: SA, 5045
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Based on its average 5-year and quarterly capital gains GLENELG NORTH, 5045 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that GLENELG NORTH, 5045 obtained a 8.5% growth over a ten-year period. It ranks 859th on our list of suburbs that property investors should look into.

GLENELG NORTH, 5045 in SA belongs to the local government area of Holdfast Bay.

GLENELG NORTH, 5045 has a capital gain of 14.46% for the past year, which is lower than average compared to its 79.87% growth within a five-year period.

With the median home price in GLENELG NORTH sitting at $1,385,000, and the average rent at $755, property owners could potentially earn a 2.83% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GLENELG NORTH are low, as opposed to average gains per annum over the past five years.

Surburb overview

Glenelg North, located approximately 9 kilometres southwest of Adelaide’s central business district, is a vibrant coastal suburb within the City of Holdfast Bay. Known for its proximity to both the beach and the city, Glenelg North offers residents a blend of seaside living and urban convenience. The suburb is home to a population of around 6,000 people and is a popular choice for families, professionals, and retirees alike.

The demographic of Glenelg North is diverse, with a mix of younger families, professionals, and older residents. Many homes in the area are owner-occupied, and the suburb features a combination of older, established houses, modern apartments, and townhouses. The median age of residents is around the national average, reflecting its appeal to a broad range of residents seeking a coastal lifestyle.

Public transport in Glenelg North is excellent, with multiple bus routes providing convenient connections to the Adelaide CBD and surrounding suburbs. The Glenelg tramline is nearby, offering a quick and direct route to both the city centre and the popular beachside area of Glenelg. For those commuting by car, the suburb’s location near Anzac Highway and Tapleys Hill Road provides easy access to the city and the Adelaide Airport.

Glenelg North offers a range of local amenities, with the nearby Jetty Road shopping precinct in Glenelg providing retail, dining, and entertainment options. The Holdfast Marina is a key feature of the area, offering waterfront restaurants and recreational opportunities. The suburb is also home to several parks and green spaces, including the Patawalonga River, which provides scenic walking and cycling paths. For beachgoers, Glenelg Beach is just a short walk or drive away, offering a popular destination for swimming, sunbathing, and water sports.

Educational facilities in and around Glenelg North include Glenelg Primary School and St Leonard’s Primary School, making it an attractive suburb for families with school-aged children. With its combination of coastal charm, proximity to Glenelg’s entertainment precinct, and easy access to the city, Glenelg North is a highly desirable location for a wide range of residents.

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