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