With a capital gain of 5.66% for the last 12 months, Glenmore Park, 2745 has performed for property investments than its average annual 6.65% property growth over the last 5 years.
While Glenmore Park,2745 ranked number 711th in NSW for increase in median house value (annualised) increase, it is ranked 525th over the last 5 years.
Property investors looking for a bargain in Glenmore Park should be aiming for at least -3.46% off the asking price, which is the average vendor discount being achieved at the moment.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 6.65%.
Glenmore Park, 2745 ranked 328th in NSW when comparing growth in median property values or capital gain over the last 12 months. Glenmore Park is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenmore Park has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Glenmore Park should be aiming for at least -5.63% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5100 per annum or $425 every week.