If you compare the increase in value of investment property in Glenfield, 2167 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.14%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenfield has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Glenfield itself are offering an average vendor discount of -4.78% to real estate investors.
Glenfield is 687th on a list of best yielding suburbs for rents in NSW with a 3.43% return
Over the last year, property investments in Glenfield, 2167 have given investors a capital gain of 3.85%. This compares averagely with the 6.07% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Glenfield comes in at number 51th in NSW.
LACK OF BUYER INTEREST may well be the reason that Glenfield is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 10th in terms of most discounted suburbs in NSW
The NSW suburb of Glenfield, 2167 is in the Campbelltown local government area.