Property investors who have had real estate in Glen Osmond, 5064 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 10.30%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glen Osmond has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Glen Osmond are currently offering property investors an average price cut of -5.66% below the asking price at the moment.
Situated 5.77km from the CBD, Glen Osmond is one of Burnside localities in the postcode 5064.
Glen Osmond has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -19.23% to date .
Comparing Glen Osmond,5064 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Glen Osmond is giving property investors an average Vendor Discount of around -4.84%. This puts suburb at number 122th in SA when ranking the most discounted suburbs.
Glen Osmond, 5064’s gross rental yield is 5.20%