Suburb Profile
Glenbrook - FREE SUBURB PROFILE REPORT POSTAL CODE: NSW,2773
GLENBROOK, 2773 ranks 1807th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 7.97% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $975,500.
The upward trend in home prices in GLENBROOK, 2773 averaged 11.99% per annum over a 3-year period.
Average weekly rents on listings have reached the $540 mark, reflecting a 2.88% increase in returns based on the current median price in GLENBROOK.
An average of 6.83 real estate transactions take place per month in GLENBROOK which translates to 82 per annum.
82 properties were sold in GLENBROOK in 2016, making it the 98th most active market in NSW based on total real estate transactions.
GLENBROOK, 2773 places 299th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $975,500 | $745,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.23% | -0.67% |
| Median 12 month | 7.97% | N/A |
| Median 3 years | 35.96% | N/A |
| Median 5 years | 66.75% | N/A |
| 10 years average annual | 7.63% | N/A |
| Weekly media advert. rent | $540 | N/A |
| Time on Market | 59.9 days | 0.0 days |
| Gross Rental Yield Percent | 2.88% | N/A |
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Amazing story so true
The credit vs cash spending behaviour is...