GLENELG 5045
State: SAPosiProp AI Investment Summary
GLENELG (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 19.5%, with a median house buy price of $1,780,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$847,500
$1,835,000
$2,349,081
$1,780,000
Suburb Market Profile
Last month Glenelg had 34 properties available for rent and 26 properties for sale. Median property prices over the last year range from $1,780,000 for houses to $745,000 for units. If you are looking for an investment property, consider houses in Glenelg rent out for $750 PW with an annual rental yield of 2.4% and units rent for $580 PW with a rental yield of 3.8%. Glenelg has seen an annual compound growth rate of 19.5% for houses and 23.0% for units.