If you compare the increase in value of investment property in Glebe, 7000 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was 3.20%.
Taking the average capital gain, or increase in median house value, Glebe,7000 has racked up an average of 3.20% over the period. This ranks it number 3281th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Glebe being $516000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.33%