Glenfield is in the bottom 40% in NSW when comparing median price capital growth over the last year. Glenfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with 7.79%.
Glenfield,2167 has offered an average of 7.79% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.76% to buyers in Glenfield at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $5940 per annum or $495 every week.
Property value increases in Glenfield have tracked close to the NSW average of 7.74% over the last 12 months.
Taking the average capital gain, or increase in median house value, Glenfield,2167 has racked up an average of 8.65% over the period. This ranks it number 83th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Glenfield is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 64th in terms of most discounted suburbs in NSW
At number 40 in a list of fastest selling suburbs, Glenfield is in the TOP 10% of suburbs in Australia with an average of days on market 26.51 for properties listed there.
Advertised rents are around the $380 mark per week – giving a return of 4.03% based on the median price in Suburb