24/23 Colley Terrace, Glenelg, SA 5045 | Property Value & History | OnTheHouse
OFF MARKET

24/23 Colley Terrace
Glenelg SA 5045

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 24/23 Colley Tce, Glenelg

24/23 Colley Tce, Glenelg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
1971
Local Government
Holdfast Bay
Lot/Plan
U24/S361

Last Listing description (July 2016)

Get the Glenelg Glo with this high-rise investment

Surrounded by Glenelg's village charms and spectacular 270o views, there will never be a more perfect opportunity to invest or nest right on Adelaide's iconic seafront.
Located on the sixth floor, this two-bedroom money-spinner with Jetty-view balcony currently grosses $360 a week and is leased until 21 October 2016. Opposite the rolling green lawns of Colley Reserve, it offers a carefree investment or lifestyle lair in the walk-everywhere heart of Adelaide's favourite seaside destination.
Freshly painted to please and featuring new carpets, new floating timber floors, new stainless steel oven and a completely renovated bathroom save for the original bath; these recent updates just add to the value proposition here. While wholly in line with current rental market expectations, there is still scope for the nester to further upgrade and personalize.

With a mix of owner-occupiers and long-term tenants - holiday lets are not permitted - a peaceful living environment is assured within the 10-storey community.
The apartment comes with its own lock-up garage, conveniently located next to the rear entry door and lift, making it easy to unload shopping and kids.
But it's the location that takes top honours here; just a short walk to the beach, sidewalk cafes and cosmopolitan dining experiences in and around Jetty Road, Moseley Square and the Marina. Colley Reserve is a bonus expanse of green. A 25-minute tram ride separates the CBD. Bask in the returns or the sunsets, and get the Glenelg Glo!

Bonus features
Fujitsu r/c air conditioner
Canvas awning to living area's west-facing windows
Visitor intercom
Single garage with auto roller door & access via Durham Street
Built-in storage to main bedroom and living area
Private balcony with space for a barbecue & caf setting
Westinghouse stainless steel oven
Separate laundry

Property History for 24/23 Colley Tce, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$345,000
07 Jul 2016
  • 25 Jul 2016
    Sold - Price Undisclosed
  • 22 May 2016
    Listed for Sale Auction
  • 16 Oct 2013
    Listed for Sale $325,000 - $345,000
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About Glenelg 5045

The size of Glenelg is approximately 1.0 square kilometres. There are 5 parks, covering nearly 6.3% of the total area. The population of Glenelg in 2016 was 3349 people. By 2021 the population was 3440 showing a population growth of 2.7% in the area during that time. The predominant age group in Glenelg is 70-79 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation.In 2021, 51.40% of the homes in Glenelg were owner-occupied compared with 49.30% in 2016.

Glenelg has 3,495 properties. Over the last 5 years, Houses in Glenelg have seen a 58.15% increase in median value, while Units have seen a 88.35% increase. As at 31 May 2026:

  • The median value for Houses in Glenelg is $1,889,949 while the median value for Units is $865,079.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Glenelg on OnTheHouse. According to Cotality's data, 129 properties were sold in the past 12 months in Glenelg.

Suburb Insights for Glenelg 5045

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.