Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 3.77% 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 $689,000
Profits averaged 0.44% 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 3.32%.
An average of 5.25 real estate transactions take place per month in GLENDENNING which translates to 63 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.04%||N/A|
|Median 3 years||1.32%||N/A|
|Median 5 years||18.42%||N/A|
|10 years average annual||7.02%||N/A|
|Weekly media advert. rent||$440||N/A|
|Time on Market||40.9 days||N/A|
|Gross Rental Yield Percent||3.32%||N/A|