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Glenroy

Suburb Profile

Glenroy - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2640

house
unit

GLENROY, 2640 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $360,000.

Profits due to an upward trend in home prices in the suburb averaged 1.78% per annum over a 3-year period.

GLENROY now ranks at the 368th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in GLENROY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GLENROY, homes and units usually stay on listing for an average of 86.5 days.

In 2016, 49 properties were sold in GLENROY during the past year, making it the 356th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 $227,500
GROWTH REPORT
Median Quarterly 2.56% -1.09%
Median 12 month 3.52% N/A
Median 3 years 5.34% 19.74%
Median 5 years 17.65% N/A
10 years average annual 2.03% -4.87%
Weekly media advert. rent $350 $255
Time on Market 86.5 days 0.0 days
Gross Rental Yield Percent 5.06% 5.83%
demographics (median values)
Total Population
2659
Weekly Household Income
1126
Household Size
2.80
demographics
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