Giving property investors a an average capital gain of 4.88% for the last year, Glendenning, 2761 is the 2015th highest performer in Australia in this respect.
Over the longer term, Glendenning has seen property prices show investors a 47.47% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Glendenning are currently offering property investors an average price cut of -4.23% below the asking price at the moment.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 7.03%.