With a capital gain of 11.55% for the last 12 months, Glenroy, 3046 has performed for property investments than its average annual 7.83% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Glenroy comes in at number 164th in VIC.
The most recent median price for Glenroy is $570000, with sellers offering an average of -3.75% off the asking price.
At number 847 in a list of fastest selling suburbs, Glenroy is in the TOP 30% of suburbs in Australia with an average of days on market 56.04 for properties listed there.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
Property investors who have had real estate in Glenroy, 3046 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.05%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenroy has increased when compared to the 5 year average annual rate.
Vendor discounting in Glenroy is giving property investors an average Vendor Discount of around -3.99%. This puts suburb at number 236th in VIC when ranking the most discounted suburbs.