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 3.1% and has experienced a 12-month capital growth of Up 7.5%, with a median house buy price of $1,365,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,020,000
$1,250,000
$1,537,500
$1,365,000
Suburb Market Profile
Last month Glenelg North had 20 properties available for rent and 35 properties for sale. Median property prices over the last year range from $1,365,000 for houses to $701,000 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 3.1% and units rent for $550 PW with a rental yield of 3.9%. Glenelg North has seen an annual compound growth rate of 7.5% for houses and 6.9% for units.
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