If you compare the increase in value of investment property in Glengowrie, 5044 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 4.07%.
Taking the average capital gain, or increase in median house value, Glengowrie,5044 has racked up an average of 4.07% over the period. This ranks it number 2091th in the whole country for real estate investors looking at median house price increases.
At number 363th of SA’s most discounted properties, Glengowrie is in the TOP 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Glengowrie being $640000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.25%
Glengowrie has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.05% to date .
While Glengowrie,5044 ranked number 116th in SA for increase in median house value (annualised) increase, it is ranked 6th over the last 5 years.
Glengowrie, 5044 is offering SA ‘s 110th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this SA.
Glengowrie is 203th on a list of best yielding suburbs for rents in SA with a 3.30% return