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.