Property value increases in Glenelg South have tracked higher than the SA average of 3.87% over the last 12 months.
Over the longer term, Glenelg South has seen property prices show investors a 26.87% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Glenelg South is $1062500, with sellers offering an average of -6.22% off the asking price.
Residents and property investors in Glenelg South have been waiting around 76.16 days to sell a property.
Situated 10.08km from the CBD, Glenelg South is one of Holdfast Bay localities in the postcode 5045.
With a capital gain of 6.45% for the last 12 months, Glenelg South, 5045 has performed for property investments than its average annual 5.29% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Glenelg South has given property investors a paper return of 8.18%. This puts Suburb as 22 on a list of fastest fasting appreciating suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Glenelg South is offering property investors an average of -6.27. This rate of discount on properties puts Suburb at number 118th in terms of most discounted suburbs in SA
Situated 9.73km from the CBD, Glenelg South is one of Holdfast Bay localities in the postcode 5045.