Over the last year, property investments in Glenelg South, 5045 have given investors a capital gain of 11.11%. This compares very favourably with the 3.56% for SA as a whole.
A 22.61% growth in median value for property investors in Glenelg South,5045 puts this suburb at number 18th in terms of best performing suburbs in SA
The most recent median price for Glenelg South is $1060000, with sellers offering an average of -6.22% off the asking price.
Residents and property investors in Glenelg South have been waiting around 76.16 days to sell a property.
Situated 10.07km from the CBD, Glenelg South is one of Holdfast Bay localities in the postcode 5045.
Glenelg South is an average performer in SA when comparing median price capital growth over the last year. Glenelg South gave property investors a average capital gain figure when compared to the rest of the state, with 4.26%.
If we look at median property appreciation over just the last three months, Glenelg South has given property investors a paper return of 10.41%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in SA
Property buyers and investors in Glenelg South 5045 should be seeing an average reduction in asking price of around -5.32% . This means that Glenelg South is holding prices well when compared to other suburbs in SA.
The SA suburb of Glenelg South, 5045 is in the Holdfast Bay local government area.