Property investors who have had real estate in Glen Waverley, 3150 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.59%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glen Waverley has increased when compared to the 5 year average annual rate.
The most recent median price for Glen Waverley is $1237000, with sellers offering an average of -7.56% off the asking price.
On average over the past year, suburb has had 42.33 sales per month, which equates to 508 per year.
VIC has seen average median house prices change by 4.26% which means that Glen Waverley, 3150 has done well for property investors by showing a capital gain of -12.50% over the last year
Comparing Glen Waverley,3150 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 160th of VIC’s most discounted properties, Glen Waverley is in the middle of the state/territory when listing in order of most discounted to least.
The VIC suburb of Glen Waverley, 3150 is in the Monash local government area.