A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 13.83% growth over a ten-year period. It ranks 3859th on our list of suburbs that property investors should look into.
GLENELG SOUTH, 5045 has a capital gain of -4.07% for the past year, which is lower than average compared to its 58.59% growth within a five-year period.
With the median home price in GLENELG SOUTH sitting at $2,062,500, and the average rent at $595, property owners could potentially earn a 1.5% 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.
GLENELG SOUTH, 5045 in SA belongs to the local government area of Holdfast Bay.
Glenelg South, located approximately 10 kilometres southwest of Adelaide’s central business district, is a coastal suburb within the City of Holdfast Bay. Known for its charming, beachside atmosphere and close proximity to Glenelg’s bustling Jetty Road precinct, Glenelg South offers a relaxed yet vibrant lifestyle. The suburb has a population of around 3,000 residents and is highly sought after for its coastal appeal and easy access to both the beach and city amenities.
The demographic of Glenelg South is diverse, with a mix of young professionals, families, and retirees. Many homes in the area are owner-occupied, and the suburb features a blend of character-filled homes, modern townhouses, and apartments. The median age in Glenelg South is slightly above the national average, reflecting its appeal to older adults and those seeking a quieter beachside environment. However, the suburb also attracts younger families and professionals due to its proximity to local schools, transport, and entertainment options.
Public transport in Glenelg South is convenient, with the Glenelg tramline running through nearby suburbs, providing a direct route to both Adelaide’s CBD and the coastal Glenelg area. Several bus routes also service the suburb, connecting residents to surrounding areas. The suburb’s location near Brighton Road offers easy access to major roads, making it convenient for those commuting by car.
Glenelg South is well-serviced by a variety of local amenities. The nearby Jetty Road precinct in Glenelg offers an array of cafes, restaurants, boutique shops, and essential services. Residents can also enjoy the scenic Glenelg Beach, which is just a short walk away, providing opportunities for swimming, walking, and outdoor relaxation. The Holdfast Bay Marina is also nearby, offering waterfront dining and leisure options.
Educational facilities in the area include Glenelg Primary School and nearby Brighton Secondary School, making the suburb a desirable choice for families. The combination of coastal living, proximity to Glenelg’s entertainment hub, and easy access to transport and amenities makes Glenelg South a highly attractive suburb for a wide range of residents.