Glenalta

Property investors enjoyed capital gains of 4.4% over the last 12 months in GLENALTA, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in GLENALTA are low, as opposed to average gains per annum over the past five years.

The suburb posted a 5.88% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in GLENALTA.

GLENALTA, 5052 ranks 155th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 394th on the list of best yielding suburbs for rental properties in SA, posting a 0% return.