At number 2238th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenfield, 2167 is in the BOTTOM 50% with a property value increase of 6.11% recorded in median house prices.
While Glenfield,2167 ranked number 1023th in NSW for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.
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 Glenfield, 2167. Typically our figures indicate that -4.88% is being offered, which puts this NSW suburb at 404th most discounted overall in Australia.
With the median price for a house in Glenfield being $750000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.47%
Glenfield is in the bottom 10% in NSW when comparing median price capital growth over the last year. Glenfield gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.65%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenfield has increased when compared to the 5 year average annual rate.
At number 72th of NSW’s most discounted properties, Glenfield is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 42 properties changed hands in Glenfield, which puts it as the 304th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Glenfield, 2167 is in the Campbelltown local government area.