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 2.4% and has experienced a 12-month capital growth of Up 16.1%, with a median house buy price of $1,765,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,170,000
$1,450,000
$2,010,000
$1,765,000
Suburb Market Profile
Last month Glenelg East had 10 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,765,000 for houses to $690,000 for units. If you are looking for an investment property, consider houses in Glenelg East rent out for $670 PW with an annual rental yield of 2.4% and units rent for $530 PW with a rental yield of 4.0%. Glenelg East has seen an annual compound growth rate of 16.1% for houses and 6.2% for units.