With a capital gain of -4.76% for the last 12 months, Glen Iris, 6230 has performed for property investments than its average annual -0.45% property growth over the last 5 years.
While Glen Iris,6230 ranked number 308th in WA for increase in median house value (annualised) increase, it is ranked 229th over the last 5 years.
Glen Iris, 6230 is offering WA ‘s 131th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this WA.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
With the median price for a house in Glen Iris being $300000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.89%