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 14.95%.
While Glandore,5037 ranked number 123th in SA for increase in median house value (annualised) increase, it is ranked 134th over the last 5 years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Glandore itself are offering an average vendor discount of -5.67% to real estate investors.
Residents and property investors in Glandore have been waiting around 72.25 days to sell a property.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.41%, investors should hope to achieve an overall return of 3.21%
Giving property investors a an average capital gain of 4.17% for the last year, Glandore, 5037 is the 790th highest performer in Australia in this respect.
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.
At number 78th of SA’s most discounted properties, Glandore is in the middle of the state/territory when listing in order of most discounted to least.
At number 224 in a list of fastest selling suburbs, Glandore is in the TOP 20% of suburbs in Australia with an average of days on market 48.06 for properties listed there.
Situated 4.34km from the CBD, Glandore is one of West Torrens localities in the postcode 5037.