With a capital gain of -10.21% for the last 12 months, Glen Iris, 6230 has performed for property investments than its average annual 0.84% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glen Iris has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glen Iris, 6230. Typically our figures indicate that -9.71% is being offered, which puts this WA suburb at 349th most discounted overall in Australia.
Often selling an investment property can take time, and in Glen Iris the average time real estate has been on the market is 148.24 days.
Glen Iris, 6230’s gross rental yield is 5.83%