If you compare the increase in value of investment property in Glenroy, 2640 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 2.48%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenroy 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 -5.50% offered to property buyers. Sellers in Glenroy itself are offering an average vendor discount of -6.57% to real estate investors.
Glenroy is 211th on a list of best yielding suburbs for rents in NSW with a 4.88% return
Over the last year, property investments in Glenroy, 2640 have given investors a capital gain of -21.59%. This compares very badly with the 5.59% for NSW as a whole.
Glenroy,2640 was ranked 673 in Australia by increase in median property value over the quarter.
Situated 423.05km from the CBD, Glenroy is one of Albury localities in the postcode 2640.