Glebe, 2037 ranked 252th in NSW when comparing growth in median property values or capital gain over the last 12 months. Glebe is one of 3162 in our list for NSW
While Glebe,2037 ranked number 575th in NSW for increase in median house value (annualised) increase, it is ranked 206th 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 -5.52% offered to property buyers. Sellers in Glebe itself are offering an average vendor discount of -3.86% to real estate investors.
At number 936 in a list of fastest selling suburbs, Glebe is in the TOP 30% of suburbs in Australia with an average of days on market 57.93 for properties listed there.
Glebe, 2037’s gross rental yield is 2.58%
NSW has seen average median house prices change by 8.14% which means that Glebe, 2037 has done well for property investors by showing a capital gain of 22.08% over the last year
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.
Glebe, 2037 is offering NSW ‘s 152th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
Advertised rents are around the $545 mark per week – giving a return of 3.45% based on the median price in Suburb