Felixstow vs Glenelg North

The median house price is $1.3M in Felixstow and $1.4M in Glenelg North, so Felixstow is the cheaper entry point, with Glenelg North houses about 3% dearer.

For units, Felixstow sits at a median of $755K against $710K in Glenelg North, which makes Glenelg North the more affordable unit market and Felixstow the pricier one.

Over the past year house prices moved +12.8% in Felixstow (an estimate) and +7.4% in Glenelg North, so recent momentum favours Felixstow, although both suburbs recorded growth.

Rental vacancy is 0.7% in Felixstow and 0.9% in Glenelg North, so landlords in Felixstow face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Glenelg North is the bigger suburb, with a population of 6,594 against 2,477, roughly 2.7 times the size of Felixstow; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Felixstow for a lower purchase price, Felixstow for recent price momentum, Felixstow for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.