Across a shorter period, Glenelg South, 5045 has seen a median price increase of 20.24% over the last quarter.
In the last year 17 properties changed hands in Glenelg South, which puts it as the 414th most active market in SA when comparing the number of sales per suburb.
Advertised rents are around the $475 mark per week – giving a return of 1.47% based on the median price in Suburb
SA has seen average median house prices change by 4.52% which means that Glenelg South, 5045 has done well for property investors by showing a capital gain of 26.83% over the last year
Over the longer term, Glenelg South has seen property prices show investors a 20.49% return over the last 3 years. This is an improvement over the last 12 months