Giving property investors a a poor capital gain of -2.49% for the last year, Glen Huntly, 3163 is the 3365th highest performer in Australia in this respect.
Glen Huntly,3163 was ranked 2358 in Australia by increase in median property value over the quarter.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 1.90%, without taking into account capital value appreciation, which has been averaging out at 8.42%.
Glen Huntly has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -3.04% to date .
Glen Huntly,3163 was ranked 223 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Glen Huntly should be aiming for at least -3.68% off the asking price, which is the average vendor discount being achieved at the moment.