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The suburb’s capital gain of 2.7% for the past year is lower than average compared to its 17.61% growth within a five-year period.
Also in GLEN ALPINE, the median home price is sitting at $855,000, and the average rent at $580, this suggests property owners could potentially earn a 3.53% increase in gross rental yield.
Property investors have seen a 1% gain in GLEN ALPINE based on an increase 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 4.71% growth over a ten-year period. It ranks 1695th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $855,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1% | N/A |
| Median 12 month | 2.7% | N/A |
| Median 3 years | -1.44% | N/A |
| Median 5 years | 17.61% | N/A |
| 10 years average annual | 4.71% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 48.4 days | N/A |
| Gross Rental Yield Percent | 3.53% | N/A |
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