29/3 Ferguson St, Glenelg North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 44m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
This convenient ground floor unit is well positioned directly across from a beautiful reserve that includes both tennis courts and bowling clubs, perfect for either downsizers, first home buyer's or investors looking for a great rental return.
Currently with a high quality long-term tenant in place (periodic lease, with a current formal rental assessment of $240-$260 per week) which offers an extremely high rental yield in the vicinity of 7.5%-9%, this unit is a great opportunity to either continue with a reliable tenant who loves the location or of course move in yourself and enjoy everything this well-maintained group has to offer.
The size of Glenelg North is approximately 2.8 square kilometres. There are 22 parks, covering nearly 9.4% of the total area. The population of Glenelg North in 2016 was 6254 people. By 2021 the population was 6594 showing a population growth of 5.4% in the area during that time. The predominant age group in Glenelg North is 30-39 years. Households in Glenelg North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg North work in a professional occupation.In 2021, 63.30% of the homes in Glenelg North were owner-occupied compared with 60.90% in 2016.
Glenelg North has 3,894 properties. Over the last 5 years, Houses in Glenelg North have seen a 67.58% increase in median value, while Units have seen a 92.76% increase. As at 31 May 2026:
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