Over the last year, property investments in Glenvale, 4350 have given investors a capital gain of -0.39%. This compares badly with the 2.11% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenvale has increased when compared to the 5 year average annual rate.
Vendor discounting in Glenvale is giving property investors an average Vendor Discount of around -5.00%. This puts suburb at number 645th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Glenvale the average time real estate has been on the market is 64.85 days.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 3.09%.
With a capital gain of 2.46% for the last 12 months, Glenvale, 4350 has performed for property investments than its average annual -0.22% property growth over the last 5 years.
Property buyers and investors in Glenvale 4350 should be seeing an average reduction in asking price of around -3.42% . This means that Glenvale is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $3450 per annum or $287.5 every week.