Suburb Profile Report for Glenelg South SA (5045)

Glenelg South House: Median price $930,000, Annual capital growth 3.56%, Number of sales 16, Weekly median advertised rent $425

Glenelg South Unit: Median price $431,000, Annual capital growth 4.31%, Number of sales 36, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$930,000 $431,000
-3.13% -7.31%
0.32% -5.69%
3.56% 4.31%
$425 $335
16 36
2.38% 4.04%
N/A 55.35

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Glenelg South SA
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
Chart Table
Recent sales & rentals