Glenelg South, 5045 ranked 292th in SA when comparing growth in median property values or capital gain over the last 12 months. Glenelg South is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenelg South has increased when compared to the 5 year average annual rate.
Renters in Suburb are facing rents around $5100 per annum or $425 every week.
Glenelg South is in the bottom 30% in SA when comparing median price capital growth over the last year. Glenelg South gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.69%.
Taking the average capital gain, or increase in median house value, Glenelg South,5045 has racked up an average of -5.69% over the period. This ranks it number 648th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Glenelg South are currently offering property investors an average price cut of -6.24% below the asking price at the moment.
The SA suburb of Glenelg South, 5045 is in the Holdfast Bay local government area.