With a capital gain of 11.50% for the last 12 months, Glen Alpine, 2560 has performed for property investments than its average annual 5.63% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Glen Alpine,2560 has racked up an average of 11.50% over the period. This ranks it number 879th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Glen Alpine should be aiming for at least -6.11% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 5.63%, investors should hope to achieve an overall return of 3.61%