Property investors who have had real estate in Glenorie, 2157 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.65%
Our latest figures would indicate that property sellers in Glenorie are currently offering property investors an average price cut of -10.29% below the asking price at the moment.
On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 7.42%, investors should hope to achieve an overall return of 2.13%