Glebe is an average performer in NSW when comparing median price capital growth over the last year. Glebe gave property investors a good capital gain figure when compared to the rest of the state, with 13.26%.
Comparing Glebe,2037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Glebe is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 832th in terms of most discounted suburbs in NSW
With the median price for a house in Glebe being $1900000 and the advertised rent reaching $850 the gross rental yield for property investors calculates out to be 2.33%
Over the last year, property investments in Glebe, 2037 have given investors a capital gain of 27.89%. This compares very favourably with the 8.63% for NSW as a whole.
Glebe,2037 has offered an average of 27.89% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Glebe is giving property investors an average Vendor Discount of around -1.96%. This puts suburb at number 440th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $6960 per annum or $580 every week.