With a capital gain of 2.48% for the last 12 months, Glenelg South, 5045 has performed for property investments than its average annual 3.77% property growth over the last 5 years.
Glenelg South,5045 has offered an average of 2.48% return per annum in house price rises to property investors over the last three years.
Glenelg South, 5045’s gross rental yield is 2.49%
Over the last year, property investments in Glenelg South, 5045 have given investors a capital gain of -9.48%. This compares very badly with the 4.05% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Glenelg South comes in at number 33th in SA.
LACK OF BUYER INTEREST may well be the reason that Glenelg South is offering property investors an average of -6.42. This rate of discount on properties puts Suburb at number 53th in terms of most discounted suburbs in SA
The SA suburb of Glenelg South, 5045 is in the Holdfast Bay local government area.