Glenmore Park is in the bottom 30% in NSW when comparing median price capital growth over the last year. Glenmore Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
The five-year average increase in median property values for Glenmore Park,2745 has given property investors a potential capital gain of -7.69% across each of those five 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 Glenmore Park, 2745. Typically our figures indicate that -7.31% is being offered, which puts this NSW suburb at 127th most discounted overall in Australia.
Often selling an investment property can take time, and in Glenmore Park the average time real estate has been on the market is 44.48 days.
Advertised rents are around the $250 mark per week – giving a return of 8.67% based on the median price in Suburb
If you compare the increase in value of investment property in Glenmore Park, 2745 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.41%.
Glenmore Park,2745 was ranked 1376 in Australia by increase in median property value over the quarter.
Property buyers and investors in Glenmore Park 2745 should be seeing an average reduction in asking price of around -5.49% . This means that Glenmore Park is holding prices well when compared to other suburbs in NSW.
In the last year 67 properties changed hands in Glenmore Park, which puts it as the 245th most active market in NSW when comparing the number of sales per suburb.