With a capital gain of 11.30% for the last 12 months, Glebe, 2037 has performed for property investments than its average annual 7.56% property growth over the last 5 years.
Across a shorter period, Glebe, 2037 has seen a median price increase of 5.46% over the last quarter.
Often selling an investment property can take time, and in Glebe the average time real estate has been on the market is 61.5 days.
Advertised rents are around the $900 mark per week – giving a return of 2.74% based on the median price in Suburb
Glebe has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.01% to date .
Across a shorter period, Glebe, 2037 has seen a median price increase of 0.00% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Glebe itself are offering an average vendor discount of -5.81% to real estate investors.
A $560 per week rent on the median house gives suburb investors a gross yield of circa 3.27%, without taking into account capital value appreciation, which has been averaging out at 8.57%.