Investment property in Glendalough has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.67%
Taking the average capital gain, or increase in median house value, Glendalough,6016 has racked up an average of 6.67% over the period. This ranks it number 1381th 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 -8.20. This rate of discount on properties puts Suburb at number 57th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.41%, investors should hope to achieve an overall return of 4.88%