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 2.2% and has experienced a 12-month capital growth of Up 1.2%, with a median house buy price of $2,062,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,180,000
$1,930,000
$2,430,000
$2,062,500
Suburb Market Profile
Last month Glenelg South had 9 properties available for rent and 9 properties for sale. Median property prices over the last year range from $2,062,500 for houses to $855,500 for units. If you are looking for an investment property, consider houses in Glenelg South rent out for $780 PW with an annual rental yield of 2.2% and units rent for $550 PW with a rental yield of 3.7%. Glenelg South has seen an annual compound growth rate of 1.2% for houses and 45.0% for units.