GLENORIE ranks 602nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 33.45% for the past year is lower than average compared to its 173.47% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in GLENORIE, the median home price is sitting at $1,835,000, and the average rent at $620, this suggests property owners could potentially earn a 1.76% increase in gross rental yield.
They believe that homeowners and real estate investors betting on GLENORIE, 2157 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 33.45%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.67% growth over a ten-year period. It ranks 56th on our list of suburbs that property investors should look into.