The suburb’s capital gain of -1.82% for the past year is lower than average compared to its 32.35% growth within a five-year period.
Also in GLENORIE, the median home price is sitting at $1,350,000, and the average rent at $625, this suggests property owners could potentially earn a 2.41% increase in gross rental yield.
Property investors have seen a -1.82% drop in GLENORIE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.39% growth over a ten-year period. It ranks 1400th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.82%||N/A|
|Median 3 years||12.5%||N/A|
|Median 5 years||32.35%||N/A|
|10 years average annual||5.39%||N/A|
|Weekly media advert. rent||$625||N/A|
|Time on Market||76.1 days||N/A|
|Gross Rental Yield Percent||2.41%||N/A|