Suburb Profile

Suburb profile for,

Glenelg North, SA

Located in the dynamic state of SA (postcode 5045), GLENELG NORTH is a vibrant real estate market. This suburb holds a median house price of $942,500 and has demonstrated an average buying growth of Up 5.6%. Last month, 18 houses were available, with 88 transactions completed in the past year. Properties spend around 40 days on the market, reflecting the area's demand with 1838 interested buyers. The average rental yield stands at 3.6%, with a weekly median rent of $377 per week and an average rent growth of Up 12.0%. Rental properties usually stay on the market for 18 days. The population in 2016 was 6232, which changed by +4.40% in the past five years. The median weekly household income is $1,423, reflecting an income change of +18.39% over the past five years. Residents have a median age of 41 years, and the suburb has an average annual growth for houses of +7.63%. To fully take advantage of GLENELG NORTH's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in GLENELG NORTH, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Glenelg North, SA

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
SA
Suburb
GLENELG NORTH
Postcode
5045
Median price for all dwellings
$942,500
Last 12 months growth return
Up 5.6%
Avg. dwellings for sale in the suburb every month
18
Avg. dwellings sold in the suburb in previous 12 months
88
Avg days on market for a dwelling listing to sell
40 days
Avg. number of people searching in this suburb every month
1838
Avg. rental yield per annum
3.60%
Weekly median rent for all dwellings
$377 per week
Median price for all houses
$942,500
Avg. rental yield growth in the previous 12 months
3.60%
Avg. days for a rental listing to find a tennant
18 days
Total suburb population in 2016
6232
Total suburb population change in 5 years up to 2016
4.40%
Avg. household income per week
$1,423
Median age of the population in the suburb
41
Historic avg annual growth return per annum in the suburb
7.63%

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