Glengowrie has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 3.31% to date .
Glengowrie,5044 has offered an average of 3.31% return per annum in house price rises to property investors over the last three years.
The most recent median price for Glengowrie is $648500, with sellers offering an average of -5.20% off the asking price.
With the median price for a house in Glengowrie being $648500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.61%
With a capital gain of 2.49% for the last 12 months, Glengowrie, 5044 has performed for property investments than its average annual 5.98% property growth over the last 5 years.
Glengowrie,5044 was ranked 107 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Glengowrie itself are offering an average vendor discount of -3.56% to real estate investors.
Advertised rents are around the $330 mark per week – giving a return of 3.08% based on the median price in Suburb