Glandore has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 10.89% to date .
Taking the average capital gain, or increase in median house value, Glandore,5037 has racked up an average of 10.89% over the period. This ranks it number 1432th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Glandore is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 388th in terms of most discounted suburbs in SA
Situated 4.77km from the CBD, Glandore is one of West Torrens localities in the postcode 5037.
At number 1374th in the list of Australian suburbs ordered by increase in median house value over the last year, Glandore, 5037 is in the BOTTOM 30% with a property value increase of -4.29% recorded in median house prices.
While Glandore,5037 ranked number 18th in SA for increase in median house value (annualised) increase, it is ranked 110th over the last 5 years.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 3.93%.