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 8.85%
Glen Osmond,5064 was ranked 3370 in Australia by increase in median property value over the quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Glen Osmond itself are offering an average vendor discount of -7.43% to real estate investors.
Glen Osmond is 312th on a list of best yielding suburbs for rents in SA with a 3.51% return
Over the last year, property investments in Glen Osmond, 5064 have given investors a capital gain of 0.89%. This compares badly with the 4.44% for SA as a whole.
With the median price for a house in Glen Osmond being $451500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.84%