35/9-11 South Esplanade, Glenelg SA 5045

High-net-worth buyers target Glenelg 5045 for its beachside lifestyle, vibrant Jetty Road precinct and the steady inflow of interstate and overseas migrants that keep local demand insulated from softer pockets across greater Adelaide. Tight resale stock and sub-1% vacancy in premium pockets help sustain a median house price above $1.6 million with double-digit annual growth, while the past six months have been broadly flat to gently higher as supply stays constrained. The main risks are stretched affordability and interest-rate sensitivity, yet ongoing tourism upgrades and continued owner-occupier interest keep coastal opportunities appealing.