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Unit 424,
16 HOLDFAST PROMENADE Glenelg SA 5045

This property is Off Market

All about Glenelg Homes for sale in Glenelg


  • The Average property price in this area is $1,081,350, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.08 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Glenelg (SA)

With an average age of 64, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $500. The average family earns a weekly income of $2,392 with a typical household size of 1.7 and a 95.11% employment rate.

Consistent high demand relative to supply is a key feature in Glenelg driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Glenelg ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glenelg classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Glenelg requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 2314 asthma sufferers and 841 people living with diabetes. In addition, 1205 people have a heart/vascular condition and 1902 people live with three or more chronic diseases.

A good place to invest in property?

Glenelg (SA) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

South Australia State average 45 / 100

Income

68 / 100

44 / 100

Industry

91 / 100

34 / 100

Population

70 / 100

37 / 100

House Prices

82 / 100

62 / 100

Jobs

92 / 100

33 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Plympton International College
  • St Peter's Woodlands Grammar School

    Glenelg, SA, 5045 Independent R-7

  • Paringa Park Primary School

    North Brighton, SA, 5048 State U, R-7

  • Immanuel College

    Novar Gardens, SA, 5040 Independent 7-12

  • St Mary's Memorial School

    Glenelg, SA, 5045 Independent R-6

  • Glenelg Primary School

    Glenelg East, SA, 5045 State R-7

  • Our Lady of Grace School

    Glengowrie, SA, 5044 Independent R-6

  • Sacred Heart College

    Somerton Park, SA, 5044 Independent 7-12

  • St Leonards Primary School

    Glenelg North, SA, 5045 State R-7

  • Brighton Secondary School

    North Brighton, SA, 5048 State 8-12

  • Immanuel Primary School

    Novar Gardens, SA, 5040 Independent R-6


Property Story

Unit 424, 16 Holdfast Promenade, Glenelg, Sa, 5045 is a residential property . The estimated distance to the sea is only 0.08km and at least 2.27KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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