Over the last year, property investments in Glen Waverley, 3150 have given investors a capital gain of 8.17%. This compares badly with the 11.73% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Glen Waverley,3150 has racked up an average of 8.17% over the period. This ranks it number 979th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.33% offered to property buyers. Sellers in Glen Waverley itself are offering an average vendor discount of -4.02% to real estate investors.
Residents and property investors in Glen Waverley have been waiting around 68.5 days to sell a property.
Glen Waverley is 560th on a list of best yielding suburbs for rents in VIC with a 1.91% return
Over the last year, property investments in Glen Waverley, 3150 have given investors a capital gain of 17.18%. This compares very favourably with the 6.72% for VIC as a whole.
The five-year average increase in median property values for Glen Waverley,3150 has given property investors a potential capital gain of 51.76% across each of those five years.
In the last year 182 properties changed hands in Glen Waverley, which puts it as the 42th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.