423/16 Holdfast Promenade, Glenelg, SA 5045 | Property Value & History | OnTheHouse
OFF MARKET

423/16 Holdfast Promenade
Glenelg SA 5045

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 60m2
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Property Details for 423/16 Holdfast Prom, Glenelg

423/16 Holdfast Prom, Glenelg is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 60m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2002
Floor Size
55m2
Land Size
60m2
Local Government
Holdfast Bay
Lot/Plan
F423/C21562

Last Listing description (December 2017)

Currently leased through the Oaks Hotel Group with an annual income of $28,000 to $32,0000 per annum. This stunning apartment is located on the fourth floor with views to the sea and the Marina too. Perfectly positioned on 61sqm this large one bedroom apartment is spacious and elegant, with the added bonus of a carpark.
Enjoy the views from the balcony, go for a spa, sauna or swim in the pool or pop out the front to the beach. Go to the ground floor and enjoy a meal in one of the restaurants or a drink in the local bar. All of this luxury and entertainment without even leaving the building!
The large bedroom has sea views and built in robes, while the modern bathroom has a bath and shower. The well equipped kitchen has plenty of storage plus dishwasher and looks over the sitting room.

A short stroll to Jetty Road and all the action with an abundance of shops, cafe's and restaurants. These are the type of apartments you go on holidays to stay in and now you can purchase the apartment and enjoy that holiday feeling all year round.
Council rates: $1,053.05 pa
Water rates: $173.80 pq
ES Levy: $243.90 pa
Community rates: $1,786.00 pq
Year Built: 2002

Property History for 423/16 Holdfast Prom, Glenelg, SA 5045

A timeline of how this property has performed in the market
Last Sold
$439,000
31 Mar 2021
  • 31 Mar 2021
    Sold for $439,000
  • 20 Nov 2017
    Sold for $390,000
  • 24 Oct 2017
    Listed for Sale $390,000 - $410,000
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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 3,492 properties. Over the last 5 years, Houses in Glenelg have seen a 64.98% increase in median value, while Units have seen a 79.85% increase. As at 30 June 2026:

  • The median value for Houses in Glenelg is $1,958,872 while the median value for Units is $864,353.
  • Houses have a median rent of $850 while Units have a median rent of $593.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Glenelg on OnTheHouse. According to Cotality's data, 128 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.