Suburb Profile Report for Glenelg South SA (5045)

Glenelg South House: Median price $950,000, Annual capital growth 3.18%, Number of sales 17, Weekly median advertised rent $430

Glenelg South Unit: Median price $448,750, Annual capital growth 4.12%, Number of sales 32, Weekly median advertised rent $333

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 2.92% which means that Glenelg South, 5045 has done well for property investors by showing a capital gain of 5.56% over the last year

Glenelg South,5045 has offered an average of 5.56% return per annum in house price rises to property investors over the last three years.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.18%, investors should hope to achieve an overall return of 2.35%

Property investors who have had real estate in Glenelg South, 5045 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.37%

Glenelg South,5045 was ranked 1244 in Australia by increase in median property value over the quarter.

Glenelg South5045 is located in SA which offers an average discount of -6.26% to property investors. Glenelg South itself is showing figures that indicate -6.23% is the average achievable by property buyers investing in the suburb.

A $332.5 per week rent on the median house gives suburb investors a gross yield of circa 3.85%, without taking into account capital value appreciation, which has been averaging out at 4.12%.

Metrics i HOUSE UNIT
$950,000 $448,750
-2.06% -1.37%
5.56% -1.37%
3.18% 4.12%
$430 $333
17 32
2.35% 3.85%
N/A 38.47

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2339
Median household income ($/weekly) 1195
Median age of persons 47
Median housing loan repayment ($/monthly) 1733
Average household size 2
  • Census Count Percent(%)
    25-34 years 309 13.2
    35-44 years 270 11.5
    45-54 years 346 14.8
    55-64 years 369 15.8
    65-74 years 204 8.7
    Others 842 36.0
    Age Group
    Census Count Percent(%)
    Not Married 851 47.4
    Registered Married 760 42.4
    Defacto Relationship 183 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1685 74.6
    Greece 24 1.1
    Italy 24 1.1
    United Kingdom 259 11.5
    Other 87 3.9
    Others 179 7.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.6
    Christianity 1399 65.7
    Hinduism 12 0.6
    Islam 19 0.9
    No Religion 649 30.5
    Others 14 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 96 10.1
    $600-$799 96 10.1
    $800-$999 100 10.5
    $1,500-$1,999 119 12.5
    $2,500-$2,999 92 9.6
    Others 452 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 755 37.2
    Not in the labour force 727 35.8
    Employed, worked part-time 412 20.3
    Unemployed, looking for work 73 3.6
    Employed, away from work 65 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 16.2
    Professionals 347 28.2
    Community & personal service workers 147 11.9
    Clerical & administrative workers 183 14.9
    Sales 133 10.8
    Others 221 18.0
    Occupation
    Census Count Percent(%)
    Pre-school 14 3.0
    Infants/Primary 128 27.8
    Secondary 102 22.1
    Technical or Further Educational Institution 30 6.5
    University or other Tertiary Institutions 174 37.7
    Others 13 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1014 49.0
    Flat, unit or apartment 567 27.4
    Semi-detached, row or terrace house, townhouse 489 23.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 423 41.5
    Fully owned 320 31.4
    Being purchased 253 24.8
    Other tenure type 23 2.3
    Tenure Type
Census 2011, ABS
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