Property investors who have had real estate in Gladesville, 2111 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.14%
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.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.76% offered to property buyers. Sellers in Gladesville itself are offering an average vendor discount of -6.10% to real estate investors.
In the last year 94 properties changed hands in Gladesville, which puts it as the 302th most active market in NSW when comparing the number of sales per suburb.
Situated 8.70km from the CBD, Gladesville is one of Ryde (C) localities in the postcode 2111.
If you compare the increase in value of investment property in Gladesville, 2111 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.00%.
Taking the average capital gain, or increase in median house value, Gladesville,2111 has racked up an average of 5.00% over the period. This ranks it number 518th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Gladesville is offering property investors an average of -4.57. This rate of discount on properties puts Suburb at number 233th in terms of most discounted suburbs in NSW
At number 565 in a list of fastest selling suburbs, Gladesville is just in the top half of suburbs in Australia with an average of days on market 66.2368 for properties listed there.