Over the last year, property investments in Glen Innes, 2370 have given investors a capital gain of 3.90%. This compares very badly with the 11.67% for NSW as a whole.
Over the longer term, Glen Innes has seen property prices show investors a 14.72% return over the last 3 years. This is worse than over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Glen Innes itself are offering an average vendor discount of -7.78% to real estate investors.
Renters in Suburb are facing rents around $2880 per annum or $240 every week.