Investment property in Glenelg South has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -17.98%
Taking the average capital gain, or increase in median house value, Glenelg South,5045 has racked up an average of -17.98% over the period. This ranks it number 4024th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
SA has seen average median house prices change by -0.89% which means that Glenelg South, 5045 has not done well for property investors by showing a capital gain of -8.21% over the last year
Over the longer term, Glenelg South has seen property prices show investors a -7.94% return over the last 3 years. This is worse than over the last 12 months
Situated 10.32km from the CBD, Glenelg South is one of Holdfast Bay (C) localities in the postcode 5045.