GLENELG NORTH 5045
State: SAPosiProp AI Investment Summary
GLENELG NORTH (SA 5045) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.7% and has experienced a 12-month capital growth of Up 20.4%, with a median house buy price of $1,385,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,067,500
$1,293,000
$1,550,000
$1,385,000
Suburb Market Profile
Last month Glenelg North had 34 properties available for rent and 27 properties for sale. Median property prices over the last year range from $1,385,000 for houses to $653,000 for units. If you are looking for an investment property, consider houses in Glenelg North rent out for $800 PW with an annual rental yield of 2.7% and units rent for $520 PW with a rental yield of 3.9%. Glenelg North has seen an annual compound growth rate of 20.4% for houses and -8.1% for units.