Gladesville has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -19.52% to date .
If we look at median property appreciation over just the last three months, Gladesville has given property investors a paper return of -1.74%. This puts Suburb as 686 on a list of fastest fasting appreciating suburbs in NSW
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 Gladesville, 2111. Typically our figures indicate that -7.84% is being offered, which puts this NSW suburb at 931th most discounted overall in Australia.
Advertised rents are around the $725 mark per week – giving a return of 2.23% based on the median price in Suburb
NSW has seen average median house prices change by -3.53% which means that Gladesville, 2111 has not done well for property investors by showing a capital gain of -2.78% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gladesville has increased when compared to the 5 year average annual rate.
The most recent median price for Gladesville is $700000, with sellers offering an average of -6.66% off the asking price.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 6.35%, investors should hope to achieve an overall return of 3.57%