Property value increases in Glenroy have tracked close to the VIC average of 9.78% over the last 12 months.
Over the longer term, Glenroy has seen property prices show investors a 40.00% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Glenroy is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 579th in terms of most discounted suburbs in VIC
Glenroy, 3046’s gross rental yield is 2.97%
At number 851th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenroy, 3046 is in the top half with a property value increase of 3.43% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Glenroy,3046 has racked up an average of 3.43% over the period. This ranks it number 966th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Glenroy is giving property investors an average Vendor Discount of around -4.98%. This puts suburb at number 133th in VIC when ranking the most discounted suburbs.
At number 850 in a list of fastest selling suburbs, Glenroy is just in the bottom half of suburbs in Australia with an average of days on market 82.85 for properties listed there.
Situated 12.72km from the CBD, Glenroy is one of Moreland localities in the postcode 3046.