Glenroy has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.49% to date .
Taking the average capital gain, or increase in median house value, Glenroy,2640 has racked up an average of 1.49% over the period. This ranks it number 1682th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Glenroy are currently offering property investors an average price cut of -6.67% below the asking price at the moment.
In the last year 62 properties changed hands in Glenroy, which puts it as the 522th most active market in NSW when comparing the number of sales per suburb.
Glenroy, 2640’s gross rental yield is 4.78%
At number 1691th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenroy, 2640 is in the BOTTOM 10% with a property value increase of -20.35% recorded in median house prices.
Property investors should expect to get $240 weekly from the median priced house in this suburb.