Glenelg South

Based on its average 5-year and quarterly capital gains GLENELG SOUTH, 5045 saw average decrease in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 0.78% growth over a ten-year period. It ranks 1620th on our list of suburbs that property investors should look into.

GLENELG SOUTH, 5045 in SA belongs to the local government area of Holdfast Bay (C).

GLENELG SOUTH, 5045 has a capital gain of -2.44% for the past year, which is lower than average compared to its -7.69% growth within a five-year period.

With the median home price in GLENELG SOUTH sitting at $420,000, and the average rent at $380, property owners could potentially earn a 4.7% increase in gross rental yield.

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

A -2.44% increase in median property prices in GLENELG SOUTH, 5045 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 93rd.