SA has seen average median house prices change by 2.92% which means that Glenalta, 5052 has done well for property investors by showing a capital gain of 6.38% over the last year
The five-year average increase in median property values for Glenalta,5052 has given property investors a potential capital gain of 16.28% across each of those five years.
Vendor discounting in Glenalta is giving property investors an average Vendor Discount of around -8.05%. This puts suburb at number 72th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Glenalta the average time real estate has been on the market is 96.8 days.
Using the current median advertised rental of $445 and the average annual increase in value of a median property of 4.51%, investors should hope to achieve an overall return of 4.63%