Property investors who have had real estate in Glengowrie, 5044 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.86%
Glengowrie,5044 has offered an average of 6.86% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Glengowrie are currently offering property investors an average price cut of -6.48% below the asking price at the moment.
Often selling an investment property can take time, and in Glengowrie the average time real estate has been on the market is 79.82 days.
The SA suburb of Glengowrie, 5044 is in the Marion local government area.
Glengowrie is an average performer in SA when comparing median price capital growth over the last year. Glengowrie gave property investors a average capital gain figure when compared to the rest of the state, with 3.29%.
If we look at median property appreciation over just the last three months, Glengowrie has given property investors a paper return of 3.29%. This puts Suburb as 54 on a list of fastest fasting appreciating suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Glengowrie is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 110th in terms of most discounted suburbs in SA
Renters in Suburb are facing rents around $4080 per annum or $340 every week.