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Investment Property Glenelg, SA, 5045

Suburb Snapshot

Glenelg is a suburb in the Holdfast Bay Region of South Australia. Glenelg has a population of 3,347 people and 31.64% of its occupants live in rental accommodation. The median listing price for houses is $1,650,000 and this has changed 66.66% over the past year and changed 75.53% over 2 years.

The median rent in Glenelg for houses is $650 per week and the median rental yield is 2.04%. Stock on the market for houses/townhouses has changed 9.09% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $910,000 and this has changed 71.69% over the past year. The average unit takes 50 days to sell and the median rent for a unit in Glenelg is $560 per week, producing a rental yield of 3.20%.

Supply & Demand in Glenelg, Holdfast Bay

1.17%

Current vacancy rate


30

Rental stock available


3,347

Population


31.64%

Rental population


0.66%

Current vacancy rate


129

Rental stock available


35,363

Population


27.53%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Glenelg, Holdfast Bay

  House Townhouses Units
Median listing price $1,650,000 NA $910,000
Median price change - last quarter 26.92% NA 26.92%
Median price change - 1 year 66.66% NA 71.69%
Median price change - 2 years 75.53% NA 65.45%
  House Townhouses Units
Median weekly rent $650 NA $560
Median yield % 2.04% NA 3.20%
Median rent change - 1 year 0.77% NA 12.00%
  House Units
Previous month sales 3 7
Stock on market previous month 12 31
Stock variance vs. last year 9.09% 72.22%
Average days on market 56 50

Glenelg investment property listings

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