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The suburb’s capital gain of -2.89% for the past year is lower than average compared to its 7.82% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $820,000, and the average rent at $595, this suggests property owners could potentially earn a 3.77% increase in gross rental yield.
Property investors have seen a -3.81% 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 2.73% growth over a ten-year period. It ranks 2740th on our list of suburbs that property investors should look into.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $820,000 | $504,580 |
GROWTH REPORT | ||
Median Quarterly | -3.81% | 0.03% |
Median 12 month | -2.89% | 36.37% |
Median 3 years | 10.07% | 44.99% |
Median 5 years | 7.82% | 55.85% |
10 years average annual | 2.73% | 6.59% |
Weekly media advert. rent | $595 | $357.5 |
Time on Market | 70.8 days | 57.2 days |
Gross Rental Yield Percent | 3.77% | 3.68% |