Investment property in Glenella has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.75%
While Glenella,4740 ranked number 228th in QLD for increase in median house value (annualised) increase, it is ranked 643th over the last 5 years.
Sellers are offering property buyers an average discount of -6.76% to buyers in Glenella at the moment, which is less than average for the rest of QLD.
In the last year 69 properties changed hands in Glenella, which puts it as the 334th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $470 weekly from the median priced house in this suburb.