If you compare the increase in value of investment property in Glenelg South, 5045 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -0.42%.
When looking at the potential capital gains offered to property investors over the last 3 years, Glenelg South comes in at number 121th in SA.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.30%, investors should hope to achieve an overall return of 2.35%
Giving property investors a a poor capital gain of -7.71% for the last year, Glenelg South, 5045 is the 1487th highest performer in Australia in this respect.
Glenelg South,5045 was ranked 1560 in Australia by increase in median property value over the quarter.
Glenelg South5045 is located in SA which offers an average discount of -6.37% to property investors. Glenelg South itself is showing figures that indicate -5.92% is the average achievable by property buyers investing in the suburb.
The SA suburb of Glenelg South, 5045 is in the Holdfast Bay local government area.