Glen Eden is in the bottom 20% in QLD when comparing median price capital growth over the last year. Glen Eden gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.46%.
Across a shorter period, Glen Eden, 4680 has seen a median price increase of -2.86% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Glen Eden is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 129th in terms of most discounted suburbs in QLD
A $225 per week rent on the median house gives suburb investors a gross yield of circa 3.44%, without taking into account capital value appreciation, which has been averaging out at 4.09%.