Property value increases in Glebe have tracked just higher than the NSW average of 8.26% over the last 12 months.
Glebe,2037 was ranked 2709 in Australia by increase in median property value over the quarter.
Property buyers and investors in Glebe 2037 should be seeing an average reduction in asking price of around -5.03% . This means that Glebe is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $850 and the average annual increase in value of a median property of 10.10%, investors should hope to achieve an overall return of 2.46%
NSW has seen average median house prices change by 6.07% which means that Glebe, 2037 has done well for property investors by showing a capital gain of 4.84% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Glebe comes in at number 235th in NSW.
Sellers are offering property buyers an average discount of -3.58% to buyers in Glebe at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Glebe the average time real estate has been on the market is 45.45 days.
Property investors should expect to get $560 weekly from the median priced house in this suburb.