Glenorie is in the bottom 20% in NSW when comparing median price capital growth over the last year. Glenorie gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.82%.
If we look at median property appreciation over just the last three months, Glenorie has given property investors a paper return of 0.00%. This puts Suburb as 1108 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Glenorie 2157 should be seeing an average reduction in asking price of around -7.81% . This means that Glenorie is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $572.5 and the average annual increase in value of a median property of 4.98%, investors should hope to achieve an overall return of 2.21%