Glenfield has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.66% to date .
Comparing Glenfield,2167 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Glenfield 2167 should be seeing an average reduction in asking price of around -4.64% . This means that Glenfield is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Glenfield have been waiting around 53.33 days to sell a property.
Over the last year, property investments in Glenfield, 2167 have given investors a capital gain of 10.86%. This compares favourably with the 8.63% for NSW as a whole.
If we look at median property appreciation over just the last three months, Glenfield has given property investors a paper return of 0.00%. This puts Suburb as 392 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Glenfield should be aiming for at least -5.46% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Glenfield the average time real estate has been on the market is 33.96 days.
With the median price for a house in Glenfield being $490000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.14%