Investment property in Glen Huntly has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.24%
If we look at median property appreciation over just the last three months, Glen Huntly has given property investors a paper return of -5.67%. This puts Suburb as 645 on a list of fastest fasting appreciating suburbs in VIC
Advertised rents are around the $595 mark per week – giving a return of 2.33% based on the median price in Suburb
If you compare the increase in value of investment property in Glen Huntly, 3163 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.83%.
While Glen Huntly,3163 ranked number 272th in VIC for increase in median house value (annualised) increase, it is ranked 150th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Glen Huntly is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 217th in terms of most discounted suburbs in VIC