Glenside is an average performer in SA when comparing median price capital growth over the last year. Glenside gave property investors a average capital gain figure when compared to the rest of the state, with 0.00%.
Over the longer term, Glenside has seen property prices show investors a 10.96% return over the last 3 years. This is worse than over the last 12 months
SA has seen average median house prices change by 1.05% which means that Glenside, 5065 has done well for property investors by showing a capital gain of 33.33% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenside has increased when compared to the 5 year average annual rate.
At number 824 in a list of fastest selling suburbs, Glenside is in the bottom 40% of suburbs in Australia with an average of days on market 88.5 for properties listed there.
Glenside is 112th on a list of best yielding suburbs for rents in SA with a 3.60% return
Information supplied by:
Scarce Real Estate
08 8332 1022
0411 661 999
Glenside has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.41% to date.
Over the longer term, Glenside has seen property prices show investors a -7.31% return over the last 3 years. This is an improvement over the last 12 months.
Glenside is an extremely stable suburb with strong capital growth over time. It is attractive to potential purchasers due to its proximity to good public and private schools, upmarket shopping and varied house styles.
Most soought-after properties:
Purchasers require properties with some yard space for pools or recreation given the young family focus of the area. Many 1 and 2 bedroom apartments are popular with singles and young couples although these are in the minority. Much of the recent development has been upmarket, new construction on smaller land holding.
Most common properties:
Traditional 3 and 4 bedroom homes in a variety of styles.
Burnside Villlage shopping centre
Local industry and business:
The only local businesses are fashion and other shopping based.
Burnside Village has recently undergone a major, multi-million dollar upgrade. This has seen a great deal of interest in the area, especially for older style homes with the potential to redevelop or replace.
L’Estrange Street, Kyle Street
Major bus routes on the main arterial roads surrounding the suburbs