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Firle vs Glenelg North

Property investment comparison - Firle, SA 5070 vs Glenelg North, SA 5045

Head-to-head across core investment metrics: Firle wins 4, Glenelg North wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFirleGlenelg North
Median house price$1.3M$1.4M
Median unit price$650K$710K
Gross rental yield (houses)2.79%2.95%
Gross rental yield (units)4.15%4.00%
1-year house growth-+7.4%
3-year house growth-+31.4%
Vacancy rate0.6%0.9%
Population1,5086,594

Firle vs Glenelg North: what the numbers say

The median house price is $1.3M in Firle and $1.4M in Glenelg North, so Firle is the cheaper entry point, with Glenelg North houses about 5% dearer.

For units, Firle sits at a median of $650K against $710K in Glenelg North, which makes Firle the more affordable unit market and Glenelg North the pricier one.

On cash flow, Glenelg North leads: houses there return a gross rental yield of 2.95%, compared with 2.79% in Firle, a gap of 0.16 percentage points.

Rental vacancy is 0.6% in Firle and 0.9% in Glenelg North, so landlords in Firle 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 1,508, roughly 4.4 times the size of Firle; a larger suburb usually means a deeper pool of buyers and tenants.

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

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