At number 1837th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenmore Park, 2745 is in the top half with a property value increase of 5.31% recorded in median house prices.
Comparing Glenmore Park,2745 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Glenmore Park2745 is located in NSW which offers an average discount of -5.50% to property investors. Glenmore Park itself is showing figures that indicate -3.07% is the average achievable by property buyers investing in the suburb.
Glenmore Park is 678th on a list of best yielding suburbs for rents in NSW with a 3.55% return
Over the last year, property investments in Glenmore Park, 2745 have given investors a capital gain of 9.79%. This compares favourably with the 5.59% for NSW as a whole.
The five-year average increase in median property values for Glenmore Park,2745 has given property investors a potential capital gain of 66.41% across each of those five years.
The most recent median price for Glenmore Park is $532500, with sellers offering an average of -3.79% off the asking price.
With the median price for a house in Glenmore Park being $532500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.39%