Property investors who have had real estate in Glebe, 2037 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.73%
While Glebe,2037 ranked number 115th in NSW for increase in median house value (annualised) increase, it is ranked 117th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Glebe itself are offering an average vendor discount of -4.20% to real estate investors.
Often selling an investment property can take time, and in Glebe the average time real estate has been on the market is 69.9 days.
Glebe is 1069th on a list of best yielding suburbs for rents in NSW with a 2.43% return
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 10.07%.
Glebe,2037 has offered an average of 10.07% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Glebe itself are offering an average vendor discount of -4.64% to real estate investors.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 7.38%, investors should hope to achieve an overall return of 3.58%