If you compare the increase in value of investment property in Glenmore Park, 2745 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 6.43%.
If we look at median property appreciation over just the last three months, Glenmore Park has given property investors a paper return of 1.77%. This puts Suburb as 751 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Glenmore Park are currently offering property investors an average price cut of -3.28% below the asking price at the moment.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.54%, without taking into account capital value appreciation, which has been averaging out at 6.50%.
Giving property investors a a stable capital gain of 7.54% for the last year, Glenmore Park, 2745 is the 527th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Glenmore Park comes in at number 297th in NSW.
Glenmore Park2745 is located in NSW which offers an average discount of -4.41% to property investors. Glenmore Park itself is showing figures that indicate -4.86% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Glenmore Park have been waiting around 44.52 days to sell a property.