The suburb’s capital gain of 2.23% for the past year is lower than average compared to its 28.25% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $849,000, and the average rent at $495, this suggests property owners could potentially earn a 3.03% increase in gross rental yield.
Property investors have seen a -0.29% drop in GLENSIDE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.88% growth over a ten-year period. It ranks 1250th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.23%||4.93%|
|Median 3 years||21.81%||19.69%|
|Median 5 years||28.25%||8.65%|
|10 years average annual||5.88%||4.78%|
|Weekly media advert. rent||$495||$300|
|Time on Market||58.1 days||64.9 days|
|Gross Rental Yield Percent||3.03%||4.07%|