Glendenning

POSTAL CODE: NSW, 2761

HOUSE

Property investors have seen a 3.38% 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,023,500

Profits averaged 6.33% 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 $650 based on current median home prices for the suburb.

The gross rental yield in GLENDENNING, 2761 is 3.3%.

An average of 5.25 real estate transactions take place per month in GLENDENNING which translates to 63 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,023,500	N/A
Growth Report
Median Quarterly	3.38%	N/A
Median 12 month	6.89%	N/A
Median 3 years	19.99%	N/A
Median 5 years	54.14%	N/A
10 years average annual	6.07%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	35.3 days	N/A
Gross Rental Yield Percent	3.3%	N/A

Demographics (Median Values)*

Total Population 30952

Weekly Household Income 1883

Household Size 3.50

Average Age 32

Monthly Loan Repayment 2000

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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