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Investment Property Glenelg East, SA, 5045

Suburb Snapshot

Glenelg East is a suburb in the Holdfast Bay Region of South Australia. Glenelg East has a population of 3,751 people and 30.23% of its occupants live in rental accommodation. The median listing price for houses is $1,397,500 and this has changed 7.74% over the past year and changed 21.52% over 2 years.

The median rent in Glenelg East for houses is $630 per week and the median rental yield is 2.34%. Stock on the market for houses/townhouses has changed -33.33% compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is $527,500 and this has changed 11.05% over the past year. The average unit takes 24 days to sell and the median rent for a unit in Glenelg East is $475 per week, producing a rental yield of 4.68%.

Supply & Demand in Glenelg East, Holdfast Bay

0.65%

Current vacancy rate


13

Rental stock available


3,751

Population


30.23%

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 East, Holdfast Bay

  House Townhouses Units
Median listing price $1,397,500 NA $527,500
Median price change - last quarter -6.00% NA 0.47%
Median price change - 1 year 7.74% NA 11.05%
Median price change - 2 years 21.52% NA 19.20%
  House Townhouses Units
Median weekly rent $630 NA $475
Median yield % 2.34% NA 4.68%
Median rent change - 1 year 1.61% NA 10.46%
  House Units
Previous month sales 0 7
Stock on market previous month 4 7
Stock variance vs. last year -33.33% 0.00%
Average days on market 43 24

Glenelg East investment property listings

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