Suburb Profile Report for Glenelg South SA (5045)

Glenelg South House: Median price $812,000, Annual capital growth 1.00%, Number of sales 23, Weekly median advertised rent $470

Glenelg South Unit: Median price $385,500, Annual capital growth 0.73%, Number of sales 19, Weekly median advertised rent $345

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

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$812,000 $385,500
-12.69% -9.51%
-17.98% -8.21%
1.00% 0.73%
$470 $345
23 19
3.01% 4.65%
64.9333333333333 114.846153846154

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (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
Chart Table