Investment property in Glen Waverley has done 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 -4.09%
Comparing Glen Waverley,3150 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Glen Waverley is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 106th in terms of most discounted suburbs in VIC
Residents and property investors in Glen Waverley have been waiting around 98.84 days to sell a property.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Investment property in Glen Waverley has done 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 -15.00%
A 37.37% growth in median value for property investors in Glen Waverley,3150 puts this suburb at number 172th in terms of best performing suburbs in VIC
Vendor discounting in Glen Waverley is giving property investors an average Vendor Discount of around -4.30%. This puts suburb at number 209th in VIC when ranking the most discounted suburbs.
In the last year 193 properties changed hands in Glen Waverley, which puts it as the 34th most active market in VIC when comparing the number of sales per suburb.
A $432.5 per week rent on the median house gives suburb investors a gross yield of circa 3.31%, without taking into account capital value appreciation, which has been averaging out at 6.55%.