Property value increases in Glenroy have tracked close to the VIC average of 7.68% over the last 12 months.
Glenroy,3046 has offered an average of 9.43% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Glenroy should be aiming for at least -4.92% off the asking price, which is the average vendor discount being achieved at the moment.
Glenroy, 3046’s gross rental yield is 3.14%
Over the last year, property investments in Glenroy, 3046 have given investors a capital gain of 4.17%. This compares averagely with the 3.19% for VIC as a whole.
Glenroy,3046 was ranked 933 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Glenroy itself are offering an average vendor discount of -5.75% to real estate investors.
Situated 12.24km from the CBD, Glenroy is one of Moreland localities in the postcode 3046.