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Glenelg South

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 22.72% over the last 12 months in GLENELG SOUTH, translating to lower returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 5.17% growth over a ten-year period. It ranks 1454th on our list of suburbs that property investors should look into.

GLENELG SOUTH, 5045 has a capital gain of 22.72% for the past year, which is higher than average compared to its 68.06% growth within a five-year period.

With the median home price in GLENELG SOUTH sitting at $1,210,000, and the average rent at $400, property owners could potentially earn a 1.72% increase in gross rental yield.

A 22.72% 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 17th.

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

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,210,000 $430,500
GROWTH REPORT
Median Quarterly 22.1% 13.96%
Median 12 month 22.72% 1.06%
Median 3 years 9.5% 3.42%
Median 5 years 68.06% 12.55%
10 years average annual 5.17% 1.21%
Weekly media advert. rent $400 $370
Time on Market 0.0 days 91.9 days
Gross Rental Yield Percent 1.72% 4.47%
demographics (median values)
Total Population
2189
Weekly Household Income
1031
Household Size
2.00
demographics
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