Glenmore Park, 2745 ranked 777th 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.
Sellers are offering property buyers an average discount of -3.39% to buyers in Glenmore Park at the moment, which is less than average for the rest of NSW.
Residents and property investors in Glenmore Park have been waiting around 32 days to sell a property.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.52%, without taking into account capital value appreciation, which has been averaging out at 6.36%.
At number 348th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenmore Park, 2745 is in the top 20% with a property value increase of 10.41% recorded in median house prices.
The five-year average increase in median property values for Glenmore Park,2745 has given property investors a potential capital gain of 70.39% across each of those five years.
Sellers are offering property buyers an average discount of -3.79% to buyers in Glenmore Park at the moment, which is less than average for the rest of NSW.
Situated 44.76km from the CBD, Glenmore Park is one of Penrith localities in the postcode 2745.