Giving property investors a an unimpressive capital gain of -8.95% for the last year, Glen Waverley, 3150 is the 3227th highest performer in Australia in this respect.
Across a shorter period, Glen Waverley, 3150 has seen a median price increase of -2.51% over the last quarter.
Our latest figures would indicate that property sellers in Glen Waverley are currently offering property investors an average price cut of -7.75% below the asking price at the moment.
In the last year 421 properties changed hands in Glen Waverley, which puts it as the 13th most active market in VIC when comparing the number of sales per suburb.
Glen Waverley is in the bottom 40% in VIC when comparing median price capital growth over the last year. Glen Waverley gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.46%.
When looking at the potential capital gains offered to property investors over the last 3 years, Glen Waverley comes in at number 288th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.24% offered to property buyers. Sellers in Glen Waverley itself are offering an average vendor discount of -6.23% to real estate investors.
Renters in Suburb are facing rents around $26000 per annum or $500 every week.