If you compare the increase in value of investment property in Glenbrook, 2773 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.15%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenbrook has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Glenbrook are currently offering property investors an average price cut of -4.60% below the asking price at the moment.
At number 628 in a list of fastest selling suburbs, Glenbrook is in the TOP 20% of suburbs in Australia with an average of days on market 48.2 for properties listed there.
Advertised rents are around the $530 mark per week – giving a return of 3.13% based on the median price in Suburb