At number 1118th in the list of Australian suburbs ordered by increase in median house value over the last year, Glen Innes, 2370 is in the top 30% with a property value increase of 9.58% recorded in median house prices.
If we look at median property appreciation over just the last three months, Glen Innes has given property investors a paper return of -0.13%. This puts Suburb as 897 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Glen Innes is giving property investors an average Vendor Discount of around -6.96%. This puts suburb at number 257th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 9.00 sales per month, which equates to 108 per year.
A $235 per week rent on the median house gives suburb investors a gross yield of circa 6.20%, without taking into account capital value appreciation, which has been averaging out at 3.61%.