Giving property investors a a stable capital gain of 7.82% for the last year, Glenfield, 2167 is the 1353th highest performer in Australia in this respect.
Over the longer term, Glenfield has seen property prices show investors a 52.68% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Glenfield is $709975, with sellers offering an average of -5.24% off the asking price.
On average over the past year, suburb has had 8.75 sales per month, which equates to 105 per year.
With a capital gain of 1.11% for the last 12 months, Glenfield, 2167 has performed for property investments than its average annual 8.61% property growth over the last 5 years.
Comparing Glenfield,2167 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Glenfield should be aiming for at least -7.34% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 8.61%, investors should hope to achieve an overall return of 4.34%