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Investment Property Glenelg, VIC

Region Snapshot

Glenelg is a region in Victoria, Australia. Glenelg has a population of 19,558 people and 18.16% of its occupants live in rental accommodation. The median listing price for houses is $450,000 and this has changed 0.00% over the past year and changed 2.27% over 2 years.

The median rent in for houses is $420 per week and the median rental yield is 4.85%. Stock on the market for houses/townhouses has changed -3.01% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $307,000 and this has changed 2.67% over the past year. The average unit takes NA days to sell and the median rent for a unit in Glenelg is $325 per week, producing a rental yield of 5.50%.

Supply & Demand in Glenelg

0.22%

Current vacancy rate


25

Rental stock available


19,558

Population


18.16%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Glenelg

  House Townhouses Units
Median listing price $450,000 NA $307,000
Median price change - last quarter -0.44% NA 2.14%
Median price change - 1 year 0.00% NA 2.67%
Median price change - 2 years 2.27% NA 8.67%
  House Townhouses Units
Median weekly rent $420 NA $325
Median yield % 4.85% NA 5.50%
Median rent change - 1 year 0.00% NA 1.56%
  House Units
Previous month sales 19 2
Stock on market previous month 258 17
Stock variance vs. last year -3.01% 6.25%
Average days on market NA NA

Glenelg investment property listings

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