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Suburb Insights · SA 5045

Glenelg South, SA 5045 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Glenelg South is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 2,184, making it a boutique locality. Located approximately 10 km from the Adelaide CBD, Glenelg South is a middle ring area in South Australia. The median household income is $81,172 per year.

Investment Score

57 / 100 Moderate

Moderate income levels in Glenelg South indicate steady rental demand from working households. Its proximity to the CBD adds a strong location premium.

Location

Adelaide
Glenelg South
South Australia · 5045
10 km from Adelaide CBD
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Key Indicators

Postcode
5045

Official Australia Post postcode for Glenelg South. A postcode may cover multiple suburbs.

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Population
2,184

Usual resident population at the most recent census.

Median weekly rent
$340/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$81,172/yr

Annual median household income (before tax) across all households.

Distance to CBD
10 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
32% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Glenelg South

Who Glenelg South Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the South Australia median — stretch goal.
💼ProfessionalsAround 10 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Short distance to the CBD makes commuting straightforward.
  • Established infrastructure and existing community base.

Cons

  • Median mortgage sits above the South Australia state median — entry costs are stretched.
  • Transport options are limited — car dependency is likely.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Glenelg South is a smaller community of 2,184 — about 59% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $81,172/year, household income in Glenelg South is within 0% of the South Australia median ($80,964), placing the suburb firmly in the state's mainstream demographic band. Rent of $340/week (74% coverage of the $2,000/month median mortgage) leaves a gap of roughly $527/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 10 km from the Adelaide CBD, Glenelg South sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 32% of dwellings are separate houses (vs 73% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.

Glenelg South vs South Australia Median

How Glenelg South stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Glenelg South sits above the state median; negative means below.

MetricGlenelg SouthSA medianΔ vs state
Population2,1843,699-41%
Median household income$81,172/yr$80,964/yr0%
Median rent (weekly)$340$320+6%
Median mortgage (monthly)$2,000$1,616+24%
Distance to CBD10 km13 km-23%
Separate houses32%73%-41pp

Investor Checklist

Pre-inspection briefing for Glenelg South — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 2,184 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

⚠️
Rental Yield

Moderate rental coverage: rent of $340/week covers 74% of a $2,000/month mortgage, leaving a $527/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 32% of dwellings are separate houses (vs 73% SA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Glenelg South property

Full Property Analysis

30-year projections for Glenelg South

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Glenelg South are modest for 2026 — incomes close to the SA median of $80,964 and a population of 2,184 suggest gains will lag headline metro markets. Rental coverage runs at ~74% of the typical mortgage ($1,473/month rent vs $2,000/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 57/100 places Glenelg South in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Glenelg South a good suburb for investment?

Glenelg South scores 57/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 2,184, median household income of $81,172/year and median weekly rent of $340. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Glenelg South?

The main demand drivers in Glenelg South are proximity to Adelaide (10 km), an above-state-median household income of $81,172/year, a dwelling mix that is 32% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Glenelg South?

Glenelg South has a usual resident population of approximately 2,184, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Glenelg South from the Adelaide CBD?

Glenelg South sits 10 km straight-line from the Adelaide CBD. This is inner-ring territory — pricing competes directly with established Adelaide employment nodes.

What is the median rent in Glenelg South?

The most recent census recorded a median weekly rent of $340 in Glenelg South, equating to approximately $17,680/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Glenelg South?

The median monthly mortgage repayment in Glenelg South is $2,000, or approximately $24,000/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Glenelg South cash-flow positive for investors?

A median weekly rent of $340 works out to $1,473/month, covering 74% of the median mortgage repayment of $2,000/month. That leaves a $527/month shortfall (around $6,324/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Glenelg South?

The main risks are a thin buyer pool (2,184 residents), interest-rate sensitivity on the $2,000 median mortgage, a unit-heavy dwelling mix (32% houses) where body-corporate costs and apartment supply affect resale, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Glenelg South profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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