Glenelg South is a smaller suburb in South Australia within the Holdfast Bay local government area (postcode 5045). With a population of 2,184, the suburb has a mature demographic with a median age of 52. Households earn a median income of $81K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Glenelg South is $2.1 million, having dipped slightly 2.3% over the past year. The current median weekly rent is $558. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Holdfast Bay LGA is moderate at 4,167 incidents per 100,000 population.
From an investment perspective, Glenelg South offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.1M/$950K), placing it in the premium segment. The price-to-income ratio of 25.9x is considered stretched. House prices have moved -2.3% year-on-year.
Glenelg South is a smaller suburb in South Australia within the Holdfast Bay local government area (postcode 5045). With a population of 2,184, the suburb has a mature demographic with a median age of 52. Households earn a median income of $81K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Glenelg South is $2.1 million, having dipped slightly 2.3% over the past year. The current median weekly rent is $558. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Holdfast Bay LGA is moderate at 4,167 incidents per 100,000 population.
From an investment perspective, Glenelg South offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.1M/$950K), placing it in the premium segment. The price-to-income ratio of 25.9x is considered stretched. House prices have moved -2.3% year-on-year.