GLENELG EAST 5045
State: SAPosiProp AI Investment Summary
GLENELG EAST (SA 5045) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 3.7%, with a median house buy price of $1,724,400. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,160,000
$1,400,000
$2,010,000
$1,724,400
Suburb Market Profile
Last month Glenelg East had 9 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,724,400 for houses to $717,500 for units. If you are looking for an investment property, consider houses in Glenelg East rent out for $720 PW with an annual rental yield of 2.8% and units rent for $540 PW with a rental yield of 4.0%. Glenelg East has seen an annual compound growth rate of 3.7% for houses and 7.1% for units.
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