Suburb Profile Report for Glenelg South SA (5045)

Glenelg South House: Median price $1,350,000, Annual capital growth 8.07%, Number of sales 26, Weekly median advertised rent $550

Glenelg South Unit: Median price $450,000, Annual capital growth 3.89%, Number of sales 32, 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 3rd 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

A 41.55% growth in median value for property investors in Glenelg South,5045 puts this suburb at number 7th in terms of best performing suburbs in SA

The most recent median price for Glenelg South is $1350000, with sellers offering an average of -6.49% off the asking price.

Advertised rents are around the $550 mark per week – giving a return of 2.12% based on the median price in Suburb

If you compare the increase in value of investment property in Glenelg South, 5045 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 8.30%.

If we look at median property appreciation over just the last three months, Glenelg South has given property investors a paper return of 6.51%. This puts Suburb as 32 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 -5.25% . This means that Glenelg South is holding prices well when compared to other suburbs in SA.

Renters in Suburb are facing rents around $4020 per annum or $335 every week.

Metrics i HOUSE UNIT
$1,350,000 $450,000
17.29% 6.51%
45.16% 8.30%
8.07% 3.89%
$550 $335
26 32
2.12% 3.87%
93 47.65

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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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