At number 777th in the list of Australian suburbs ordered by increase in median house value over the last year, Glandore, 5037 is in the top 20% with a property value increase of 16.26% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glandore has increased when compared to the 5 year average annual rate.
Glandore5037 is located in SA which offers an average discount of -6.04% to property investors. Glandore itself is showing figures that indicate -1.56% is the average achievable by property buyers investing in the suburb.
At number 127 in a list of fastest selling suburbs, Glandore is in the TOP 10% of suburbs in Australia with an average of days on market 29.5 for properties listed there.
Over the last year, property investments in Glandore, 5037 have given investors a capital gain of 2.58%. This compares averagely with the 2.69% for SA as a whole.
If we look at median property appreciation over just the last three months, Glandore has given property investors a paper return of 3.73%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in SA
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glandore, 5037. Typically our figures indicate that -5.04% is being offered, which puts this SA suburb at 685th most discounted overall in Australia.
Advertised rents are around the $300 mark per week – giving a return of 4.49% based on the median price in Suburb