If you compare the increase in value of investment property in Glenorie, 2157 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -5.99%.
Taking the average capital gain, or increase in median house value, Glenorie,2157 has racked up an average of -5.99% over the period. This ranks it number 835th in the whole country for real estate investors looking at median house price increases.
At number 189th of NSW’s most discounted properties, Glenorie is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $582.5 per week rent on the median house gives suburb investors a gross yield of circa 2.21%, without taking into account capital value appreciation, which has been averaging out at 4.66%.