With a capital gain of 3.26% for the last 12 months, Glenroy, 2640 has performed for property investments than its average annual 0.67% property growth over the last 5 years.
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.
Glenroy2640 is located in NSW which offers an average discount of -5.49% to property investors. Glenroy itself is showing figures that indicate -6.41% is the average achievable by property buyers investing in the suburb.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.88%, without taking into account capital value appreciation, which has been averaging out at 0.67%.
Glenroy, 2640’s gross rental yield is 6.53%