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Investment Property Glenelg North, SA, 5045

Suburb Snapshot

Glenelg North is a suburb in the Holdfast Bay Region of South Australia. Glenelg North has a population of 6,249 people and 30.65% of its occupants live in rental accommodation. The median listing price for houses is $1,150,000 and this has changed 15.00% over the past year and changed 21.18% over 2 years.

The median rent in Glenelg North for houses is $670 per week and the median rental yield is 3.02%. Stock on the market for houses/townhouses has changed 47.06% compared to last year and the average time to sell a house/townhouse is 39 days.The median listing price for units is $499,500 and this has changed 5.15% over the past year. The average unit takes 131 days to sell and the median rent for a unit in Glenelg North is $450 per week, producing a rental yield of 4.68%.

Supply & Demand in Glenelg North, Holdfast Bay

0.83%

Current vacancy rate


30

Rental stock available


6,249

Population


30.65%

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 North, Holdfast Bay

  House Townhouses Units
Median listing price $1,150,000 NA $499,500
Median price change - last quarter 0.00% NA 22.57%
Median price change - 1 year 15.00% NA 5.15%
Median price change - 2 years 21.18% NA 31.44%
  House Townhouses Units
Median weekly rent $670 $630 $450
Median yield % 3.02% NA 4.68%
Median rent change - 1 year 3.07% 12.50% 8.43%
  House Units
Previous month sales 17 9
Stock on market previous month 25 15
Stock variance vs. last year 47.06% -16.67%
Average days on market 39 131

Glenelg North investment property listings

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