Regions Continue To Outpace Cities, But Which Areas Are Topping The Profit Ladder
Regional markets have continued their winning streak, with property values growing at twice the pace seen across the cap...
Property investors have seen a 3.39% 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 $687,000
Profits averaged 0.34% 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 3.33%.
An average of 4.92 real estate transactions take place per month in GLENDENNING which translates to 59 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.02%||N/A|
|Median 3 years||1.03%||N/A|
|Median 5 years||17.44%||N/A|
|10 years average annual||7.05%||N/A|
|Weekly media advert. rent||$440||N/A|
|Time on Market||38.9 days||N/A|
|Gross Rental Yield Percent||3.33%||N/A|