Property investors who have had real estate in Glenorie, 2157 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.82%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenorie has increased when compared to the 5 year average annual rate.
At number 134th 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 $572.5 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 4.60%.