Property investors have seen a 0% gain in GLENDENNING based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GLENDENNING, 2761 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $680,000
Profits averaged 10.53% per annum over a 3-year period, due to an upward trend in home prices in GLENDENNING, 2761.
This means, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
The gross rental yield in GLENDENNING, 2761 is 3.36%.
An average of 5.67 real estate transactions take place per month in GLENDENNING which translates to 68 per annum.
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