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 4.43%.
Comparing Glenmore Park,2745 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Glenmore Park are currently offering property investors an average price cut of -3.56% below the asking price at the moment.
Residents and property investors in Glenmore Park have been waiting around 33.64 days to sell a property.
The NSW suburb of Glenmore Park, 2745 is in the Penrith local government area.
Property value increases in Glenmore Park have tracked close to the NSW average of 6.22% over the last 12 months.
A 65.91% growth in median value for property investors in Glenmore Park,2745 puts this suburb at number 214th in terms of best performing suburbs in NSW
Vendor discounting in Glenmore Park is giving property investors an average Vendor Discount of around -5.93%. This puts suburb at number 57th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.99%, without taking into account capital value appreciation, which has been averaging out at 6.97%.