Over the last year, property investments in Glenroy, 3046 have given investors a capital gain of 6.98%. This compares averagely with the 8.06% for VIC as a whole.
Glenroy,3046 has offered an average of 6.98% return per annum in house price rises to property investors over the last three years.
Glenroy, 3046 is offering VIC ‘s 439th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 7.90%, investors should hope to achieve an overall return of 3.21%
Investment property in Glenroy has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.99%
A 7.94% growth in median value for property investors in Glenroy,3046 puts this suburb at number 219th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Glenroy is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 76th in terms of most discounted suburbs in VIC
Glenroy, 3046’s gross rental yield is 4.15%