Over the last year, property investments in Glenvale, 4350 have given investors a capital gain of 5.26%. This compares badly with the 12.16% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenvale has fallen somewhat when compared to the 5 year average annual rate.
At number 645th of QLD’s most discounted properties, Glenvale is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Glenvale is 280th on a list of best yielding suburbs for rents in QLD with a 4.99% return
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 Glenvale, 4350. Typically our figures indicate that -2.48% is being offered, which puts this QLD suburb at 886th most discounted overall in Australia.
At number 1456 in a list of fastest selling suburbs, Glenvale is in the bottom 10% of suburbs in Australia with an average of days on market 116.95 for properties listed there.
A $327.5 per week rent on the median house gives suburb investors a gross yield of circa 5.68%, without taking into account capital value appreciation, which has been averaging out at 1.29%.