NSW has seen average median house prices change by 10.13% which means that Gladesville, 2111 has done well for property investors by showing a capital gain of 9.82% over the last year
The five-year average increase in median property values for Gladesville,2111 has given property investors a potential capital gain of 88.27% across each of those five years.
Our latest figures would indicate that property sellers in Gladesville are currently offering property investors an average price cut of -1.45% below the asking price at the moment.
At number 962 in a list of fastest selling suburbs, Gladesville is in the TOP 30% of suburbs in Australia with an average of days on market 56.7 for properties listed there.
Advertised rents are around the $830 mark per week – giving a return of 2.34% based on the median price in Suburb
Property value increases in Gladesville have tracked just higher than the NSW average of 7.74% over the last 12 months.
While Gladesville,2111 ranked number 182th in NSW for increase in median house value (annualised) increase, it is ranked 273th over the last 5 years.
Property buyers and investors in Gladesville 2111 should be seeing an average reduction in asking price of around -4.52% . This means that Gladesville is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Gladesville the average time real estate has been on the market is 37.93 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 7.50%.