Glenroy is an average performer in VIC when comparing median price capital growth over the last year. Glenroy gave property investors a average capital gain figure when compared to the rest of the state, with 3.20%.
While Glenroy,3046 ranked number 162th in VIC for increase in median house value (annualised) increase, it is ranked 253th over the last 5 years.
At number 378th of VIC’s most discounted properties, Glenroy is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 200 properties changed hands in Glenroy, which puts it as the 92th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Glenroy being $710000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.08%
Glenroy has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.85% to date .
Glenroy,3046 has offered an average of 4.85% return per annum in house price rises to property investors over the last three years.
At number 144th of VIC’s most discounted properties, Glenroy is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 4.13%, investors should hope to achieve an overall return of 3.76%