VIC has seen average median house prices change by 8.27% which means that Glen Huntly, 3163 has done well for property investors by showing a capital gain of -2.71% over the last year
Comparing Glen Huntly,3163 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Glen Huntly is 567th on a list of best yielding suburbs for rents in VIC with a 2.04% return
At number 1043th in the list of Australian suburbs ordered by increase in median house value over the last year, Glen Huntly, 3163 is in the BOTTOM 50% with a property value increase of 0.83% recorded in median house prices.
The five-year average increase in median property values for Glen Huntly,3163 has given property investors a potential capital gain of 17.41% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Glen Huntly is offering property investors an average of -5.13. This rate of discount on properties puts Suburb at number 208th in terms of most discounted suburbs in VIC
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 6.05%.