Glandore is in the TOP 20% in SA when comparing median price capital growth over the last year. Glandore gave property investors a very good capital gain figure when compared to the rest of the state, with 12.33%.
LACK OF BUYER INTEREST may well be the reason that Glandore is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 237th in terms of most discounted suburbs in SA
Situated 4.68km from the CBD, Glandore is one of West Torrens localities in the postcode 5037.
Glandore has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -3.49% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glandore has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glandore, 5037. Typically our figures indicate that -5.79% is being offered, which puts this SA suburb at 543th most discounted overall in Australia.
Residents and property investors in Glandore have been waiting around 48 days to sell a property.
A $295 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 4.03%.