Suburb Profile Report for Glenelg South SA (5045)

Glenelg South House: Median price $945,000, Annual capital growth 3.69%, Number of sales 20, Weekly median advertised rent $475

Glenelg South Unit: Median price $423,000, Annual capital growth 3.88%, Number of sales 32, Weekly median advertised rent $350

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Glenelg South, 5045 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -18.88%

Comparing Glenelg South,5045 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors should expect to get $475 weekly from the median priced house in this suburb.

Property investors who have had real estate in Glenelg South, 5045 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.09%

Taking the average capital gain, or increase in median house value, Glenelg South,5045 has racked up an average of 5.09% over the period. This ranks it number 1175th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -8.95% to buyers in Glenelg South at the moment, which is less than average for the rest of SA.

At number 788 in a list of fastest selling suburbs, Glenelg South is just in the bottom half of suburbs in Australia with an average of days on market 86.72 for properties listed there.

Glenelg South is 98th on a list of best yielding suburbs for rents in SA with a 4.30% return

Metrics i HOUSE UNIT
$945,000 $423,000
-4.16% 3.80%
-18.88% 5.09%
3.69% 3.88%
$475 $350
20 32
2.61% 4.30%
N/A 86.72

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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