Glendalough is in the TOP 20% in WA when comparing median price capital growth over the last year. Glendalough gave property investors a very good capital gain figure when compared to the rest of the state, with 7.78%.
Situated 5.10km from the CBD, Glendalough is one of Stirling (C) localities in the postcode 6016.
If you compare the increase in value of investment property in Glendalough, 6016 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 6.12%.
While Glendalough,6016 ranked number 4th in WA for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.
Glendalough, 6016 is offering WA ‘s 4th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this WA.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
With the median price for a house in Glendalough being $260000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.80%