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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.

Average median house prices in NSW have risen as a whole, pulling GLENROY, 2640 values up and netting property investors a capital gain of 14.99% for the past year.

Investors saw the median home price rise to $399,000.

Profits due to an upward trend in home prices in the suburb averaged 4.67% per annum over a 3-year period.

GLENROY now ranks at the 259th 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 82.7 days.

In 2016, 51 properties were sold in GLENROY during the past year, making it the 347th 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 $399,000 $253,750
GROWTH REPORT
Median Quarterly 4.04% 7.41%
Median 12 month 14.99% N/A
Median 3 years 14% 30.13%
Median 5 years 23.72% 14.3%
10 years average annual 3.2% -19.43%
Weekly media advert. rent $350 $270
Time on Market 82.7 days 0.0 days
Gross Rental Yield Percent 4.56% 5.53%
demographics (median values)
Total Population
2659
Weekly Household Income
1126
Household Size
2.80
demographics
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