Current negative gearing policy v Labor’s negative gearing policy
Negative gearing has long been popular as a tax minimisation strategy, allowing investors to offset losses incurred against their taxable in...
The suburb’s capital gain of 12.02% for the past year is higher than average compared to its 16.31% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $820,000, and the average rent at $500, this suggests property owners could potentially earn a 3.17% increase in gross rental yield.
Property investors have seen a -0.61% drop in GLENSIDE based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on GLENSIDE, 5065 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 12.02%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.29% growth over a ten-year period. It ranks 1935th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $820,000 | $365,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.61% | 1.39% |
| Median 12 month | 12.02% | 5.72% |
| Median 3 years | 7.89% | 13.18% |
| Median 5 years | 16.31% | 8.63% |
| 10 years average annual | 4.29% | 4.08% |
| Weekly media advert. rent | $500 | $310 |
| Time on Market | 40.6 days | 82.1 days |
| Gross Rental Yield Percent | 3.17% | 4.42% |
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