With a capital gain of 10.60% for the last 12 months, Glebe, 2037 has performed for property investments than its average annual 9.85% property growth over the last 5 years.
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glebe, 2037. Typically our figures indicate that -5.25% is being offered, which puts this NSW suburb at 2264th most discounted overall in Australia.
A $850 per week rent on the median house gives suburb investors a gross yield of circa 2.46%, without taking into account capital value appreciation, which has been averaging out at 9.85%.
Glebe, 2037 ranked 231th in NSW when comparing growth in median property values or capital gain over the last 12 months. Glebe is one of 3163 in our list for NSW
Glebe,2037 was ranked 136 in Australia by increase in median property value over the quarter.
The most recent median price for Glebe is $868000, with sellers offering an average of -1.15% off the asking price.
In the last year 86 properties changed hands in Glebe, which puts it as the 180th most active market in NSW when comparing the number of sales per suburb.
Glebe, 2037’s gross rental yield is 3.41%