Over the last year, property investments in Glendalough, 6016 have given investors a capital gain of -20.94%. This compares very badly with the -5.16% for WA as a whole.
Glendalough,6016 has offered an average of -20.94% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Glendalough should be aiming for at least -8.86% off the asking price, which is the average vendor discount being achieved at the moment.
At number 913 in a list of fastest selling suburbs, Glendalough is in the bottom 40% of suburbs in Australia with an average of days on market 81.65 for properties listed there.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of -0.33%, investors should hope to achieve an overall return of 5.55%