Over the last year, property investments in Glen Osmond, 5064 have given investors a capital gain of 9.94%. This compares very favourably with the 3.24% for SA as a whole.
While Glen Osmond,5064 ranked number 242th in SA for increase in median house value (annualised) increase, it is ranked 35th 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 -6.50% offered to property buyers. Sellers in Glen Osmond itself are offering an average vendor discount of -7.60% to real estate investors.
In the last year 40 properties changed hands in Glen Osmond, which puts it as the 238th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $7950 per annum or $662.5 every week.
With a capital gain of 37.12% for the last 12 months, Glen Osmond, 5064 has performed for property investments than its average annual 2.67% property growth over the last 5 years.
While Glen Osmond,5064 ranked number 58th in SA for increase in median house value (annualised) increase, it is ranked 160th over the last 5 years.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.67%, investors should hope to achieve an overall return of 4.68%