Perth’s property market: Will there be pain ahead?
As investors face uncertainties amid the ongoing health crisis, Western Australians investors ask: will the recovering property market of Pe...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.82% growth over a ten-year period. It ranks 1281st on our list of suburbs that property investors should look into.
GLENMORE PARK, 2745 has a capital gain of -5.88% for the past year, which is lower than average compared to its 25.74% growth within a five-year period.
With the median home price in GLENMORE PARK sitting at $718,000, and the average rent at $520, property owners could potentially earn a 3.77% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GLENMORE PARK are low, as opposed to average gains per annum over the past five years.
GLENMORE PARK, 2745 in NSW belongs to the local government area of Penrith (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $718,000 | $546,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.28% | 4.49% |
| Median 12 month | -5.88% | -2.58% |
| Median 3 years | 1.13% | 1.58% |
| Median 5 years | 25.74% | 27.09% |
| 10 years average annual | 5.82% | 3.87% |
| Weekly media advert. rent | $520 | $390 |
| Time on Market | 48.8 days | 78.2 days |
| Gross Rental Yield Percent | 3.77% | 3.71% |
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