Over the last year, property investments in Glenmore Park, 2745 have given investors a capital gain of 7.00%. This compares badly with the 10.13% 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 68.31% across each of those five years.
Our latest figures would indicate that property sellers in Glenmore Park are currently offering property investors an average price cut of -3.57% below the asking price at the moment.
On average over the past year, suburb has had 31.17 sales per month, which equates to 374 per year.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.40%, without taking into account capital value appreciation, which has been averaging out at 6.89%.
Glenmore Park is an average performer in NSW when comparing median price capital growth over the last year. Glenmore Park gave property investors a average capital gain figure when compared to the rest of the state, with 6.67%.
While Glenmore Park,2745 ranked number 117th in NSW for increase in median house value (annualised) increase, it is ranked 106th over the last 5 years.
Property buyers and investors in Glenmore Park 2745 should be seeing an average reduction in asking price of around -4.41% . This means that Glenmore Park is holding prices well when compared to other suburbs in NSW.
At number 57 in a list of fastest selling suburbs, Glenmore Park is in the TOP 10% of suburbs in Australia with an average of days on market 30.22 for properties listed there.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.