Ray White Now | March 2022 | Page 27

GLENELG SOUTH VS UNLEY

Would you prefer to live beachside or in a leafy inner suburb ? In Adelaide , both are available within a relatively short distance from each other . Beachside Glenelg South is one of the nicest beachside suburbs in Adelaide and has a median price to match . However , as a place to live it ’ s however rivalled by beautiful leafy inner suburban Unley .
10 years ago , Unley was the most expensive suburb however , since then , the desirability of beachside living has grown significantly in Adelaide . Glenelg South is now more expensive than Unley with a median price of $ 1.8 million compared to Unley ’ s $ 1.5 million . Over the past 12 months , however , Unley has seen slightly higher price growth - 61 per cent compared to Glenelg South ’ s 53 per cent .
The demographic profile of the two suburbs is quite different . Unley has a lot more younger families and is more wealthy . Glenelg South meanwhile has a much older median age . It appears that while Unley is a well established premium suburb , Glenelg South is still in transition from an ageing population to attracting a far younger demographic .
Winner - Unley is lovely but the desirability of beachside living is only going to grow , making Glenelg South the winner .
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