GLENELG SOUTH 5045
State: SAPosiProp AI Investment Summary
GLENELG SOUTH (SA 5045) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.6% and has experienced a 12-month capital growth of Up 0.6%, with a median house buy price of $2,100,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,180,000
$1,705,000
$2,200,000
$2,100,000
Suburb Market Profile
Last month Glenelg South had 7 properties available for rent and 11 properties for sale. Median property prices over the last year range from $2,100,000 for houses to $790,000 for units. If you are looking for an investment property, consider houses in Glenelg South rent out for $720 PW with an annual rental yield of 2.6% and units rent for $570 PW with a rental yield of 3.8%. Glenelg South has seen an annual compound growth rate of 0.6% for houses and 26.5% for units.
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