Investment property in Glen Waverley has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.36%
Glen Waverley,3150 was ranked 1652 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glen Waverley, 3150. Typically our figures indicate that -6.38% is being offered, which puts this VIC suburb at 1513th most discounted overall in Australia.
In the last year 511 properties changed hands in Glen Waverley, which puts it as the 11th most active market in VIC when comparing the number of sales per suburb.
Glen Waverley is 566th on a list of best yielding suburbs for rents in VIC with a 1.98% return
VIC has seen average median house prices change by 4.28% which means that Glen Waverley, 3150 has done well for property investors by showing a capital gain of -9.46% over the last year
Glen Waverley,3150 was ranked 303 in Australia by increase in median property value over the quarter.
Glen Waverley, 3150 is offering VIC ‘s 125th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Often selling an investment property can take time, and in Glen Waverley the average time real estate has been on the market is 94 days.
Glen Waverley, 3150’s gross rental yield is 3.19%