Suburb data · Holdfast Bay · SA 5045

Glenelg North 5045 property market: price, yield and growth

Glenelg North, SA 5045 is not on our current shortlist in Handle's suburb model as at November 2026. The median house is $1,365,000 with a 3.5% gross yield, vacancy is 1.03% against 0.75% across Holdfast Bay, and values have grown an average 9.8% a year over five years.

Data as at 9 November 2026
$1.36MMedian houseHoldfast Bay median $1.43M
3.5%Gross yield$800 a week median rent
1.0%VacancyHoldfast Bay 0.8%
+9.8%5-year growth a year+4.9% in the last 12 months
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The numbers

Glenelg North by the numbers

Every figure below is from the Handle suburb model, refreshed weekly. Holdfast Bay is the council area.

MetricGlenelg NorthHoldfast BayContext
Median house price$1,365,000$1,430,500 
Median rent$800 / week +3.9% in 12 months
Gross rental yield3.5%2.8% 
Vacancy rate1.03%0.75%17 homes for rent
Days on market40 days  
Stock on market1.05% 35 listings, 89 sales a year
Months of inventory3.2  
12-month growth+4.9%  
5-year growth (a year)+9.8% +60% cumulative
10-year growth (a year)+7.8%  
Tight vacancy (1.03%)

Price growth

A median Glenelg North house was worth about $854,500 five years ago. Today it is $1,365,000, a +60% change, or 9.8% a year. Over 10 years the average is 7.8% a year, and the last 12 months added +4.9%.

Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.

Five years in Glenelg North
$855KMedian house, 5 years agoDerived from the 5-year growth rate
to
$1.36MMedian house, November 2026+60% over five years

Rental market

The median house in Glenelg North rents for $800 a week, a 3.5% gross yield against 2.8% across Holdfast Bay. Rents have moved +3.9% over the last 12 months, and vacancy sits at 1.03%, well under the 1.5% line we treat as tight.

Rent and vacancy
$800Median weekly rent for a house
3.5%Gross yield, Holdfast Bay 2.8%
1.0%Vacancy, Holdfast Bay 0.8%

Supply and demand

There are 35 houses listed for sale against roughly 89 sales a year, which is 3.2 months of stock. Homes take 40 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.

How fast Glenelg North sells
40daysAverage days on market
3.2mthsMonths of inventory
1.1%Of homes on the market

Who lives in Glenelg North

Glenelg North has about 6,594 residents, up 8.9% over 10 years. Median household income is $1,876 a week, 114% of the SA median. 63% of homes are owner-occupied, and 13% of mortgaged households are in mortgage stress.

The community
$1,876Median household income a week
63%Owner-occupiers
13%Households in mortgage stress
Jobs and infrastructure

Where the jobs and the money are going

Employment across Holdfast Bay, where 29% of jobs are in government-backed sectors like health, education and public administration, plus 4 tracked infrastructure projects in the area.

Health Care and Social Assistance17.6%
Education and Training11.0%
Professional, Scientific and Technical Services9.0%
Retail Trade8.8%
Construction8.4%
Underway · 2026Main South Road Duplication (Aldinga to Sellicks)$810 million · 800+ jobs
Underway · 2027Flinders Medical Centre Expansion$260 million · 500+ jobs
Underway · 2030North-South Corridor (Torrens to Darlington)$15.4 billion · 5500 jobs
Handle's read

What the data says about Glenelg North

Of the four signals our model scores, buyer demand and community fundamentals lead for Glenelg North and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.

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Data as at 9 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.

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Questions

Glenelg North FAQ

Is Glenelg North a good place to invest in 2026?

Glenelg North is not on Handle's current shortlist as at November 2026. The median house is $1,365,000 with a 3.5% gross yield and 1.03% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.

What is the postcode for Glenelg North?

The postcode for Glenelg North, SA is 5045. Glenelg North is in the Holdfast Bay local government area, and our data below covers houses in Glenelg North itself rather than the wider council area.

What is the median house price in Glenelg North?

The median house price in Glenelg North, SA is $1,365,000 as at November 2026, against $1,430,500 across Holdfast Bay. Values moved +4.9% over the last 12 months and averaged 9.8% a year over five years.

What is the rental yield in Glenelg North?

A median house in Glenelg North rents for $800 a week, a gross rental yield of 3.5%. The Holdfast Bay median is 2.8%. Rents changed +3.9% over 12 months.

What is the vacancy rate in Glenelg North?

Vacancy in Glenelg North is 1.03%, against 0.75% across Holdfast Bay. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.

What is driving the Glenelg North property market?

Employment across Holdfast Bay is led by health care and social assistance, education and training, professional, scientific and technical services, with 29% of jobs in government-backed sectors. Infrastructure in the area includes Main South Road Duplication (Aldinga to Sellicks) and Flinders Medical Centre Expansion. Homes sell in about 40 days with 3.2 months of stock.

Keep exploring

Nearby and related

Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 9 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.

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%