If you compare the increase in value of investment property in Glebe, 2037 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.26%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glebe has increased when compared to the 5 year average annual rate.
The most recent median price for Glebe is $1862500, with sellers offering an average of -3.71% off the asking price.
In the last year 81 properties changed hands in Glebe, which puts it as the 387th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $850 and the average annual increase in value of a median property of 9.52%, investors should hope to achieve an overall return of 2.37%
If you compare the increase in value of investment property in Glebe, 2037 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.98%.
Comparing Glebe,2037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Glebe 2037 should be seeing an average reduction in asking price of around -2.35% . This means that Glebe is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $565 weekly from the median priced house in this suburb.