SOLD
Sold on 14 Mar 2024 for $400,000

103/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Sold By
Belle Property Glenelg
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Property Details for 103/16 Holdfast Prom, Glenelg

103/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Glenelg in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
45m2
Local Government
Holdfast Bay
Lot/Plan
F103/C21562

Last Listing description (February 2022)

Set in the heart of the bay this chic apartment located on the 1st floor with park views would be a great addition to anyone's investment portfolio.
Features fully air conditioned open plan living with kitchenette, neutral modern tones throughout plus a separate king bedroom with bathroom.
There's an alfresco area to entertain and enjoy the outlook.

Perfect hassle free investment as fully managed by Oaks Hotel group with constant returns even when unoccupied. You can also live in it or access the apartment for beach side holidays for yourself, friends and family or rent it out yourself.
It's a fabulous location with just a short stroll to the beach with shopping, transport and restaurants at your front door.
Offers room service, caf/bar and gaming facilities, fitness centre, sauna, hot tub and heated indoor pool area for yourself or guests to utilize . Ready made investment!

Property History for 103/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$400,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $400,000
  • 22 Feb 2022
    Sold for $350,000
  • 23 Jun 2021
    Listed for Sale Under Contract
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About Glenelg 5045

The size of Glenelg is approximately 1 square kilometres. It has 5 parks covering nearly 6.3% of total area. The population of Glenelg in 2011 was 3,447 people. By 2016 the population was 3,345 showing a population decline of 3.0% in the area during that time. The predominant age group in Glenelg is 60-69 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation. In 2011, 46.5% of the homes in Glenelg were owner-occupied compared with 49.3% in 2016.

Glenelg has 3,445 properties. Over the last 5 years, Houses in Glenelg have seen a 90.64% increase in median value, while Units have seen a 74.80% increase. As at 31 July 2024:

  • The median value for Houses in Glenelg is $1,760,833 while the median value for Units is $692,185.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Glenelg on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Glenelg.

Suburb Insights for Glenelg 5045

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.