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Glenelg South suburb profile

Glenelg South is a picturesque coastal suburb located in Adelaide, South Australia, known for its stunning beaches and relaxed seaside lifestyle. Situated just 11km from the Adelaide CBD, it offers a perfect blend of tranquility and convenience. The suburb is characterized by its charming heritage homes, modern apartments, and vibrant community atmosphere. Glenelg South boasts easy access to the bustling Jetty Road precinct, filled with shops, cafes, and restaurants, as well as the iconic Glenelg Beach. Its scenic coastal views, recreational facilities, and proximity to public transport make it a highly desirable location for families, retirees, and beach lovers.

Glenelg South property market performance

Current median dwelling price$1,252,500Past 3 months

Property growth+31.6%Past 12 months

Glenelg South has experienced significant growth in property values over the past 12 months, with house values increasing by 17% and unit values surging by 38.3%. Despite this growth, the median house and unit prices remain unavailable, indicating potential data limitations or unique market conditions.

Sales activity has been limited, with only 7 houses and 1 unit sold in the past year. Houses are taking longer to sell, with a median of 86 days on the market, compared to 49 days for units, suggesting a more competitive unit market.

The rental market in Glenelg South has seen modest changes, with house rents increasing by 0.7% and unit rents rising by 10% over the last 12 months. The average rent for houses is $730, while units average $550, reflecting a strong demand for rental units.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
22.1%41.1%
Sold
Past 3 months
82
Median days on market
Past 12 months
8651
Average rent
Past 12 months
$730$555
Change in rent
Past 12 months
-11.0%7.8%

5 year median price trend for houses and units

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Glenelg South demographics

Glenelg South, a picturesque suburb located along the coast of Adelaide, is renowned for its serene beachside living and charming community atmosphere. With a population of 2,184, it offers a tranquil escape from the hustle and bustle of city life while still providing easy access to urban amenities. The median age of 52 suggests a mature community, with many residents likely enjoying the relaxed lifestyle and scenic beauty that the area provides.

The suburb's housing landscape is quite balanced, with 37.4% of properties owned outright, indicating a stable and established community. Meanwhile, 24.2% of homes are owned with a mortgage, and 38.4% are rented, offering a mix of housing options for both long-term residents and newcomers. This diversity in property ownership reflects Glenelg South's appeal to a wide range of individuals, from retirees seeking a peaceful retirement to young families and professionals looking for a coastal lifestyle.

Family dynamics in Glenelg South are varied, with 31.8% of households being couple families with children and 54.7% being couple families without children. This indicates a strong presence of both traditional family units and couples enjoying the quieter, more relaxed pace of life. The suburb's proximity to the beach, coupled with its community-oriented environment, makes it an attractive location for those seeking a harmonious blend of leisure and convenience.

Suburbs near Glenelg South

Some popular suburbs near Glenelg South include:

How does Glenelg South compare to nearby suburbs?

  • Median house prices: Glenelg South’s median house price is 29.2% higher than Warradale’s.
  • Median unit prices: Glenelg South’s median unit price is 40.4% higher than Glenelg’s.
  • House price growth: Over the past 12 months, house prices in Glenelg South have grown 4.8% higher than in Glenelg.
  • Unit price growth: Over the past 12 months, unit prices in Glenelg South have grown 22.2% higher than in Somerton Park.
  • Selling speed for houses: Properties in Glenelg South are selling 2.3% faster than in Glenelg.
  • Selling speed for units: Properties in Glenelg South are selling 12.1% faster than in Glenelg.
  • Investment considerations: In Glenelg South, the rental yield for house is 15.5% higher than the Adelaide average, while the rental yield for units is 13.0% higher.
  • House price growth: Over the past 12 months, house prices in Glenelg South have grown 113.5% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Glenelg South have grown 45.3% higher than the average rate of growth for units across Adelaide.

Choose the right real estate agents in Glenelg South

Choosing the right real estate agent in Glenelg South can have a big impact on your sale. While there are 20 real estate agents working in the suburb, but just 5 of them were responsible for 55.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.19% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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