NSW has seen average median house prices change by 11.67% which means that Glenmore Park, 2745 has done well for property investors by showing a capital gain of 7.42% over the last year
If we look at median property appreciation over just the last three months, Glenmore Park has given property investors a paper return of 1.33%. This puts Suburb as 810 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Glenmore Park is $760000, with sellers offering an average of -4.08% off the asking price.
At number 312 in a list of fastest selling suburbs, Glenmore Park is in the TOP 30% of suburbs in Australia with an average of days on market 34.22 for properties listed there.
Advertised rents are around the $500 mark per week – giving a return of 3.42% based on the median price in Suburb
Glenmore Park has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.57% to date .
A 64.79% growth in median value for property investors in Glenmore Park,2745 puts this suburb at number 108th in terms of best performing suburbs in NSW
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 7.50%.