Property investors who have had real estate in Glendalough, 6016 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.69%
Taking the average capital gain, or increase in median house value, Glendalough,6016 has racked up an average of -2.69% over the period. This ranks it number 1410th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Glendalough is offering property investors an average of -7.57. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in WA
With the median price for a house in Glendalough being $307500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.07%